On Monday, Dubai’s Land Department (DLD) reported 490 real estate sales transactions worth AED 1.17B ($381M), along with 86 mortgage deals worth AED 177.94M and 15 gift deals worth AED 55.81M, according to WAM.
The sales consisted of 441 villas and apartments worth AED 898.41M and 49 land plots worth AED 269.56M. The mortgage deals included 68 villas and apartments worth AED 142.92M and 18 land plots valued at AED 35.02M, bringing the total real estate transactions of the day to over AED 1.4B