On February 20, 2023, real estate transactions worth more than AED 1.9 billion were registered in Dubai

According to the Dubai Land Department (DLD), 561 purchase and sale transactions totaling AED 1.7 billion were made on Monday in the Dubai real estate market, as well as 100 mortgage transactions totaling AED 94.43 million and 61 gift transactions totaling AED 65.91 million.

34 plots of land worth AED 268.94 million and 527 houses and apartments were sold for a total amount of AED 1.43 billion. Mortgage loans were issued for 43 land plots for AED 94.43 million, as well as 57 villas and apartments worth AED 131.13 million, bringing the total value of today's real estate transactions to almost AED 1.9 billion.