Dubai records AED2.1 bn worth of realty transactions Wednesday

✔ Fact Checked by TDPel News Desk

By Lola Smith

Published: May 25, 2022 | 9:16 PM

Dubai real estate market recorded 445 sales transactions worth AED 1.06 billion and 76 mortgage deals of AED 1.09 billion, in addition to 10 gift deals amounting to AED 23.91 million Wednesday, data released by Dubai’s Land Department (DLD) showed.

The sales included 411 villas and apartments worth AED 929.83 million, and 34 land plots worth AED 133.98 million, while mortgages included 63 villas and apartments worth AED 856.87 million and 13 land plots valued at AED 236.68 million, bringing the total realty transactions of today to over AED 2.1 billion.

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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.