Dubai records over AED1.6 billion in realty transactions Monday

Dubai records over AED1.6 billion in realty transactions Monday

11 October 2022 – EMIRATES NEWS AGENCY-WAM – www.wam.ae

Prime Dubai residential market values rebound at 89 percent in last year: Knight Frank

Dubai real estate market recorded 445 sales transactions worth AED1.18 billion, in addition to 68 mortgage deals of AED445.38 million, and 37 gifts deals amounting to AED61.34 million on Monday, data released by Dubai’s Land Department (DLD) showed.

The sales included 423 villas and apartments worth AED977.17 million, and 22 land plots worth AED203.92 million, while mortgages included 57 villas and apartments worth AED184.33 million and 11 land plots valued at AED261.05 million, bringing the total realty transactions of today to over AED1.6 billion.

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