Tuesday’s deals included 408 sales transactions worth AED893.55 million, 87 mortgage deals of AED2.16 billion and 16 gift deals amounting to AED26.98 million
The residential property deals in Dubai saw yet another high on Tuesday, September 6, with the total value of the sales transactions hitting AED3 billion.
Tuesday’s deals included 408 sales transactions worth AED893.55 million, 87 mortgage deals of AED2.16 billion and 16 gift deals amounting to AED26.98 million, according to Dubai’s Land Department (DLD) data.
The sales included 370 villas and apartments worth AED740.68 million, and 38 land plots worth AED152.86 million.
The mortgages included 66 villas and apartments worth AED327.98 million and 21 land plots valued at AED1.83 billion
The total property transactions in the emirate were to the tune of over AED2.4 billion on Monday and AED1.8 billion on September 1.
The Dubai real estate market has been seeing a surge in recent months, hitting over AED1 billion sales transaction on several days and weeks in a row in the last 2-3 months.