According to data supplied by Dubai’s Land Department (DLD), the real estate market in Dubai had 516 sales transactions worth AED1.73 billion on Thursday, along with 71 mortgage agreements totaling AED596.74 million and 26 gift deals totaling AED503.85 million.
The sales included 455 villas and apartments worth AED1.5 billion, and 61 land plots worth AED235.09 million. More than AED2.8 billion worth of real estate has been transacted as a result of the mortgages, which cover 63 villas and apartments for AED537.64 million and 8 land plots totaling AED59.1 million.