Dubai's week-long real estate transactions hit AED7.8 billion

A total of 1,968 real estate transactions worth AED7.8 billion were conducted in Dubai during the week ending April 15.

According to figures released by the Dubai Land Department, 246 plots were sold for AED1.49 billion, in addition to 1,312 apartments and villas for AED 2.96 billion.

A total of 66 plots of land and 264 apartments and villas were mortgaged for AED1.07 billion and AED1.8 billion respectively.

Eighty properties were granted between first-degree relatives worth AED497.69 million.

#Dubai @Land_Department executes AED 7.8 billion in real estate transactions this week. pic.twitter.com/mcoWpZkGa8

— Dubai | دبي (@DubaiTrends) April 15, 2022