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Dubai Real Estate Deals Reach Dh2.8 Billion Across 744 Transactions on Thursday

Dubai real estate transactions totaled AED 2.8 billion across 744 deals on Thursday, according to Dubai Land Department figures reported by Emirates 24|7. Sales transactions reached AED 1.7 billion across 512 deals, while mortgages accounted for AED 855 million. A commercial land mortgage in Sobha Hartland registered the day's highest mortgage value at AED 172 million.

Illustration: An editorial photograph showing modern luxury residential buildings and commercial waterfront real estate under clear skies in Dubai, wi
Illustration

Real estate transactions at the Dubai Land Department (DLD) on Thursday totaled AED 2.8 billion across 744 deals, according to data published by Emirates 24|7.

The department registered 512 sales transactions valued at AED 1.7 billion. The total sales comprised 400 residential unit sales, 63 building sales, and 49 land sales.

Mortgage transactions reached AED 855 million across 192 registrations, consisting of 116 residential unit mortgages, 45 land mortgages, and 31 building mortgages. The market also registered 40 gift transactions with an aggregate value of AED 151 million.

According to the department's figures, a commercial land mortgage in Sobha Hartland represented the day's top mortgage deal at AED 172 million, while a villa mortgage on The World Islands was recorded at AED 22 million.

Sources

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