Photo for illustrative purposes only.


Dubai records Dh1.3 billion realty transactions

According to data supplied by Dubai’s Land Department (DLD), the real estate market in Dubai saw 372 sales transactions worth Dh1.04 billion on Thursday, along with 76 mortgage deals totaling Dh148.6 million and 28 gift deals totaling Dh169.89 million.

The sales included 341 villas and apartments worth Dh883.13 million and 31 land plots worth Dh161.82 million.

Mortgages included 64 villas and apartments worth Dh127.03 million and 12 land plots valued at Dh21.57 million, bringing the total realty transactions to over Dh1.3 billion. BKM/ Expat Media

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