On Wednesday, Dubai records real estate sales worth more than AED3.1 billion

The real estate market in Dubai had 598 sales transactions worth AED1.55 billion on Thursday, in addition to 68 mortgage deals totaling AED1.48 billion, according to figures released by Dubai’s Land Department (DLD).

547 houses and apartments worth a combined AED1.13 billion and 51 land plots worth AED421.05 million were sold.

The mortgages covered 56 homes and apartments worth AED1.14 billion and 12 land plots worth AED337.02 million, raising the value of today’s real estate deals to almost AED3.1 billion.