Wednesday sees more than AED 1 billion in real estate deals in Dubai

The real estate market in Dubai witnessed 464 sales transactions for AED 827.14 million on Wednesday, along with 80 mortgage deals for AED 236.13 million and 9 gift deals totaling AED 14.26 million, according to data published by Dubai’s Land Department (DLD).

Sales of 417 houses and apartments and 47 land plots totaling AED139.47 million were made.

The mortgages covered 20 land plots valued at AED24 million and 60 villas and apartments worth AED212.13 million, bringing the total value of today’s real estate transactions to almost AED1 billion.