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On August 9, real estate transactions worth AED 2.4 billion were registered in Dubai

On August 9, real estate transactions worth AED 2.4 billion were registered in Dubai

According to data published by the Dubai Land Department (DLD), on Tuesday, August 9, 436 real estate transactions worth AED 971.4 million ($264.4 million, ¥1.7 billion) were made in Dubai. In addition, 101 mortgage transactions totaling AED 1.38 billion ($375.7 million, ¥2.5 billion) and 17 gift transactions totaling AED 55.13 million ($15 million, ¥101 million) were completed.

A total of AED 2.4 billion ($653.4 million, ¥4.3 billion) was spent on properties as a result of selling 360 villas and apartments for AED 738.88 million ($201.1 million, ¥1.3 billion). 88 villas and apartments worth AED 1.24 million ($337.5 thousand, ¥2.27 million) were purchased using mortgage loans, and 13 land plots were bought for AED 147.64 million ($40.1 million, ¥270.5 million).

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