Dubai logs over AED2.7bn in realty transactions Tuesday

Dubai real estate market recorded 551 sales transactions worth AED1.78 billion on Tuesday, in addition to 91 mortgage deals of AED901.27 million, and 24 gift deals amounting to AED43.12 million, data released by Dubai's Land Department (DLD) showed.

The sales included 469 villas and apartments worth AED1.2 billion, and 82 land plots worth AED579.93 million.

The mortgages included 76 villas and apartments worth AED867.94 million and 15 land plots valued at AED33.33 million, bringing the total realty transactions of today to over AED2.7 billion.