Dubai: Real estate transactions at the Dubai Land Department (DLD) on Thursday totalled AED2.8 billion across 744 deals.
The department recorded 512 sales transactions worth AED1.7 billion, comprising 63 building sales, 49 land sales, and 400 residential unit sales.
Mortgages registered a value of AED855 million through 192 transactions, including 31 building mortgages, 45 land mortgages, and 116 residential unit mortgages. The market also saw 40 gifts valued at AED151 million.
According to the department’s data, a commercial land mortgage transaction in Sobha Hartland was valued at AED172 million, while a villa mortgage in The World Islands was valued at AED22 million.
Source: Emirates 24|7