On Monday, real estate transactions worth 1.4 billion dirhams were recorded in Dubai

On Monday, the Dubai Land Department (DLD) reported 501 purchase and sale transactions worth 1.2 billion dirhams, 117 mortgage transactions worth 278.84 million dirhams and eight gift transactions worth 7.69 million dirhams in the Dubai real estate market.

422 villas and apartments worth 931.9 million dirhams and 79 land plots worth 263.52 million dirhams were sold, while 96 villas and apartments worth 234.5 million dirhams and 21 land plots worth 44.34 million dirhams were mortgaged, bringing the total amount of real estate transactions to almost 1.4 billion dirhams.