Real estate transactions in the Dubai Land Department today totaled over 4.6 billion dirhams, facilitated through 1,517 deals.
The department recorded 1,247 sales worth 3.5 billion dirhams, which included 74 land sales, 1,044 residential unit sales, and 129 building sales.
Among the notable transactions was the sale of a commercial land plot in Emirates Living for 123 million dirhams, along with the sale of an off-plan office unit in the Business Bay area for 61 million dirhams.
Furthermore, the market saw mortgage transactions amounting to 916 million dirhams across 240 deals, which comprised 68 mortgages for land, 134 for residential units, and 38 for buildings. Additionally, there were 30 gift transactions valued at 169 million dirhams.