Dubai’s Land Department (DLD) revealed that the real estate market in Dubai witnessed a flurry of activity on Monday, with 477 sales transactions totaling AED1.66 billion. Additionally, 129 mortgage deals were inked, amounting to AED430.56 million, alongside 20 gift transactions valued at AED60.74 million.
Of the sales, 431 villas and apartments were part of transactions valued at AED983.33 million, while 46 land plots contributed AED674.53 million to the overall figure.
The mortgage agreements comprised 101 villas and apartments valued at AED155.57 million, along with 28 land plots worth AED275 million. These collective transactions amounted to over AED2.1 billion in Dubai’s realty market on that day.