Record volume of real estate transactions worth $408.4 million was recorded in Dubai on Thursday

According to the Dubai Land Department (DLD), the Dubai real estate market has registered 309 purchase and sale transactions worth 976.42 million dirhams and mortgage transactions worth 458.97 million dirhams.

Sales covered 259 villas and apartments worth 614.88 million dirhams and 50 plots of land worth 361.54 million dirhams, while mortgages included 77 villas and apartments worth 176.19 million dirhams and 13 plots of land worth 282.78 million dirhams. As a result, the total volume of real estate transactions to date has exceeded 1.5 billion dirhams.