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Dubai real estate market recorded 501 sales transactions worth AED1.2 billion, in addition to 117 mortgage deals of AED278.84 million, and eight gift deals amounting to AED7.69 million on Monday, data released by the Dubai Land Department (DLD) showed.
In 2021, the number of houses with a price of $10 million exceeded the cumulative figure of Dubai for 2015-20. Since the beginning of the year, sales of super-elite homes in 2022 will be equal to or close to the indicator of 2021. This means that the demand for luxury homes in Dubai from wealthy people around the world is not weakening.
The sales included 422 villas and apartments worth AED931.9 million, and 79 land plots worth AED263.52 million, while mortgages included 96 villas and apartments worth AED234.5 million and 21 land plots valued at AED44.34 million, bringing the total realty transactions of today to over AED1.4 billion.
