Dubai logs over $898.4mln in realty transactions Friday

The sales included 435 villas and apartments

Amjad Saleh & Muhammad Aamir, WAM (Emirates News Agency)

June 23, 2023

PHOTO

Dubai's real estate market recorded 487 sales transactions worth AED1.8 billion on Friday, in addition to 138 mortgage deals totalling AED1.45 billion, and 19 gift deals amounting to AED140.12 million, data released by Dubai's Land Department (DLD) showed.

The sales included 435 villas and apartments worth AED1.45 billion, and 52 land plots worth AED350.55 million.

The mortgages included 100 villas and apartments worth AED1.37 billion and 38 land plots valued at AED83.81 million, bringing the total realty transactions of today to over AED3.3 billion.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.