Dubai’s Land Department (DLD) has reported an impressive day for the real estate market on Monday, with a total of 561 sales transactions worth AED 1.7B, in addition to 100 mortgage deals valued at AED 94.43M and 61 gift deals totaling AED 65.91M.
Sales transactions, included 527 villas and apartments worth AED 1.43B, while 34 land plots were sold for AED 268.94M. Meanwhile, the mortgages included 57 villas and apartments worth AED 131.13M, as well as 43 land plots valued at AED 94.43M. Overall, Monday’s real estate transactions amounted to over AED 1.9B, signaling a robust real estate market in Dubai, according to WAM.
