Posted inReal estateReal EstateUAE

Dubai records another high of $517 million in realty transactions on Tuesday

Villas and apartments dominated the sales with 286 villas and apartments worth AED600.16 million

Dubai Marina
Image: Shutterstock

Dubai real estate market recorded 344 sales transactions worth AED1.77 billion on Tuesday, data released by the Dubai Land Department (DLD) showed.

There were 67 mortgage deals of AED115.99 million, and 48 gift deals amounting to AED63.51 million, the data showed.

Villas and apartments dominated the sales, with 286 villas and apartments worth AED600.16 million being sold.

There were 58 land plots worth AED1.17 billion sold as well, while mortgages included 61 villas and apartments worth AED103.68 million.

The total realty transactions of Tuesday were brought over AED1.9 billion after 6 land plots valued at AED12.31 million were sold.

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Abdul Rawuf

Abdul Rawuf