Dubai logs over $871mln in realty transactions Thursday
DUBAI: Dubai’s real estate market recorded 669 sales transactions worth AED2.91 billion on Thursday, in addition to 134 mortgage deals totaling AED268.19 million, and 89 gift deals amounting to AED101.47 million, data released by Dubai’s Land Department (DLD) showed. The sales included 567 villas and apartments worth AED1.84 billion, and 102 land plots worth AED1.08
Dubai records over $3.7bln in weeklong real estate transactions
A total of 3,244 real estate transactions worth over AED 13.6 billion were conducted during the week ending 7th July 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion.
Dubai tops global luxury home sales with $10 million-plus price tags
The Financial Times reported that the growing demand for luxury homes in Dubai has pushed the emirate to overtake the most established centers of prime real estate for the first time in the world, as the recovery in Dubai after the epidemic continues to attract wealthy people from countries of the world, including Russian buyers.
Dubai real estate market posts $870 million property deals on Thursday
The Dubai real estate market posted property deals to the tune of $870 million (AED 3.2 billion) on Thursday, continuing with the surge in demand for property investments in the city this week. The city witnessed property deals worth over $1 billion in two days in a row early this week – $1.1 bn on Tuesday and over $1