On Thursday, Dubai records real estate sales worth more than AED 1.9 billion

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai had 517 sales transactions worth AED1.52 billion on Thursday, along with 111 mortgage agreements totaling AED345.38 million and 16 gift deals totaling AED37.42 million.

483 homes and apartments worth AED1.15 billion and 34 land plots worth AED366.16 million each were sold.

The mortgages covered 12 land plots at AED146.32 million and 99 villas and apartments worth AED199.06 million, bringing the total value of today’s real estate transactions to nearly AED1.9 billion.