Dubai logs over AED1.8 billion in realty transactions on Monday

The real estate market in Dubai saw 496 sales transactions worth AED1.67 billion on Monday, in addition to 107 mortgage agreements totaling AED169.05 million and 13 gift deals totaling AED32.08 million, according to data given by Dubai’s Land Department (DLD).

49 land plots valued at AED756.08 million and 447 homes and apartments valued at AED910.14 million were sold.

Over AED1.8 billion was spent on the mortgages, which included 88 homes and apartments worth AED145,7 million and 19 land plots worth AED23,35 million.

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