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

The real estate market in Dubai had 520 sales transactions worth AED1.22 billion on Tuesday, in addition to 72 mortgage agreements totaling AED216.8 million and 15 gift deals totaling AED98.13 million, according to data made public by Dubai’s Land Department (DLD).

80 land plots valued at AED321.11 million and 440 houses and apartments valued at AED902.79 million were sold. The mortgages included 63 villas and apartments worth AED187.39 million as well as 9 land plots valued at AED29.41 million, increasing the total value of today’s real estate deals to almost AED1.5 billion.