Dubai records thumping AED1.5 bn worth of realty transactions Monday

✔ Fact Checked by TDPel News Desk

By Lola Smith

Published: February 28, 2022 | 6:59 PM

Dubai records thumping AED1.

5 bn worth of realty transactions Monday

DUBAI, 28th February, 2022 – Dubai’s real estate market recorded 294 sales transactions worth AED666.

33 million and mortgage deals of AED915.

77 million in addition to seven gift transactions amounting to AED9.

84 million Monday, data released by the emirate’s Land Department (DLD) showed.

The sales included 265 villas and apartments worth AED556.

45 million, and 29 land plots worth AED109.

88 million, while the mortgages included 74 villas and apartments worth AED153.

56 million and 14 land plots valued at AED762.

21 million, bringing the total realty transactions of today to over AED1.

5 bn

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About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.