Monday saw a good start to the week for Dubai’s real estate market, with deals nearing the two billion dirham threshold.
The value of real estate transactions reached AED1.8 billion ($490 million) as of November 14, according to the Dubai Land Department (DLD).
A total of 580 deals involving off-plan and existing villas and apartments, as well as buildings and land plots were recorded during the day. At least 90 transactions were for mortgaged properties worth AED393.42 million.
According to the most recent information provided by the DLD, 424 housing units, 49 buildings, and 107 land plots were sold during the day.
