Dubai logs over $381.1mln in realty transactions Monday

The sales included 467 villas and apartments

DUBAI – Dubai’s real estate market recorded 495 sales transactions worth AED1.15 billion on Friday, in addition to 79 mortgage deals totalling AED 297.58 million, and 6 gift deals amounting to AED7.52 million, data released by Dubai’s Land Department (DLD) showed.

The sales included 467 villas and apartments worth AED938.02 million, and 28 land plots worth AED208.93 million.

The mortgages included 62 villas and apartments worth AED213.79 million and 17 land plots valued at AED83.79 million, bringing the total realty transactions of today to over AED1.4 billion.