The Dubai real estate market recorded AED1.6 billion on Monday, September 19, reflecting the continued boom in the property market in the emirate.
Monday’s property deals included 392 sales transactions worth AED900.8 million, 84 mortgage deals of AED741.14 million and 15 gift deals amounting to AED37.6 million, according to data by Dubai’s Land Department (DLD).
The sales included 341 villas and apartments worth AED700.84 million and 51 land plots worth AED199.97 million.
The mortgages included 61 villas and apartments worth AED364.82 million and 23 land plots valued at AED376.32 million.
The Dubai real estate sector has been seeing a surge in recent weeks and months registering upwards of AED1 billion on several days in a row.
The transaction deals exceeded AED1.7 billion, AED1.77 billion and AED 1.2 billion on September 12, September 13 and September 14, respectively.
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