Dubai records over $517mln in realty transactions on Thursday

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The sales included 467 villas and apartments

Hatem Mohamed, WAM (Emirates News Agency)

January 27, 2023

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DUBAI: Dubai real estate market recorded 542 sales transactions worth AED1.57 billion, in addition to 95 mortgage deals of AED259.78 million, and 13 gift deals amounting to AED104.98 million on Thursday, data released by Dubai's Land Department (DLD) showed.

The sales included 467 villas and apartments worth AED1.8 billion and 75 land plots worth AED495.54 million.

The mortgages included 78 villas and apartments worth AED238.58 million and 17 land plots valued at AED259.78 million, bringing the total realty transactions of today to over AED1.9 billion.

Hatem Mohamed

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