On Thursday, Dubai records real estate sales worth more than AED1.5 billion

The real estate market in Dubai had 533 sales transactions worth AED1.24 billion on Thursday, along with 129 mortgage deals totaling AED239.19 million and 21 gift deals totaling AED21.52 million, according to data released by Dubai’s Land Department (DLD).

44 land plots valued at AED 224.57 million and 489 houses and apartments for AED 1.02 billion were sold.

The mortgages were for 110 homes and apartments at AED216.65 million and 19 land plots worth AED22.55 million, increasing the total value of today’s real estate deals to almost AED1.5 billion.