Dubai, UAE – Real estate transactions in Dubai recorded a record performance, exceeding 15.37 billion dirhams.
It is the second highest value of transactions after those recorded last Monday (January 26).
This reflects the momentum in the emirate’s real estate market and the influx of investments in the real estate sector, which continues to break records recorded during the past year.
This came after the implementation of 1,128 deals, including sales worth 3.65 billion dirhams.
Sales were distributed as follows: 691 sales of residential units, 102 sales of buildings, and 95 sales of land, for a total of 888 transactions.
Real estate on the map accounted for about 1.4 billion dirhams of total sales.
While ready-made properties recorded about 2.25 billion dirhams.
In turn, the mortgage recorded 214 transactions worth 11.57 billion dirhams, distributed as follows: 117 transactions for residential units, 36 transactions for buildings, and 61 transactions for land.
It is noteworthy that Dubai real estate recorded the highest daily performance ever, on January 26.
When total real estate transactions exceeded 15.6 billion dirhams, with sales worth 11.49 billion dirhams.
