Dubai Real Estate Market Surpasses $544 Million in Transactions on Monday

Dubai Real Estate Market Surpasses $544 Million in Transactions on Monday

The dynamic Dubai real estate market showcased its robust performance with an impressive record of 638 sales transactions, amounting to a staggering AED 1.79 billion. Additionally, the Land Department (DLD) of Dubai reported 116 mortgage deals totaling AED 188.46 million, along with 17 gift deals worth AED 29.45 million, further highlighting the city’s thriving real estate sector.

Among the sales transactions, 599 villas and apartments were sold, accumulating a substantial value of AED 1.45 billion. Additionally, 39 land plots were purchased, amounting to AED 335.3 million, reflecting the diverse investment opportunities available in Dubai’s real estate market.

In terms of mortgages, 91 villas and apartments were financed, with a combined value of AED 148.57 million. Moreover, 25 land plots received mortgages, valued at AED 39.89 million. These figures contribute to a remarkable total of over AED 2 billion in realty transactions recorded on this particular day.

Dubai’s real estate market continues to attract investors from around the world, offering a wide range of properties, including luxurious villas, modern apartments, and promising land plots. With its thriving economy, world-class infrastructure, and favorable business environment, Dubai remains an enticing destination for individuals seeking lucrative real estate ventures.

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