Dubai records over AED1.4 billion in realty transactions Thursday

Dubai records over AED1.4 billion in realty transactions Thursday

21 October 2022 – EMIRTES NEWS AGENCY-WAM – www.wam.ae

Prices are soaring on Dubai's The Palm Jumeirah due to high demand. Bloomberg

Dubai real estate market recorded 446 sales transactions worth AED1.13 billion, in addition to 81 mortgage deals of AED162.57 million, and 22 gifts deals amounting to AED109.4 million on Thursday, data released by Dubai’s Land Department (DLD) showed.

The sales included 401 villas and apartments worth AED886.89 million, and 45 land plots worth AED241.58 million, while mortgages included 65 villas and apartments worth AED126.13 million and 16 land plots valued at AED36.44 million, bringing the total realty transactions of today to over AED1.4 billion.

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