According to data released by Dubai’s Land Department (DLD), on Monday, the real estate market in Dubai saw 572 sales transactions, amounting to AED 1.18B. Additionally, there were 89 mortgage deals worth AED 310.59M, and 17 gift deals worth AED 17.44M.
The sales consisted of 538 villas and apartments, totaling AED 966.85M, and 34 land plots, valued at AED 211.26M, according to WAM.
The mortgage deals included 74 villas and apartments, worth AED 283.25M, and 15 land plots, worth AED 27.34M. All of these transactions brought the total real estate transactions for the day to over AED 1.5B.