Dubai continues to amaze with its achievements in the real estate sector. On Tuesday, July 4th, residential property sales reached a total value of AED 4.1B (USD 1.1B).
Throughout the day, there were 458 sales amounting to AED 2B (USD 547M), 98 mortgage deals totaling AED 1.3B (USD 351M), and 65 donation transactions amounting to AED 852M (USD 232M).
Villas and apartments hold the leading positions in the market, with a total of 384 residences sold, amounting to AED 787M (USD 214M). Additionally, 74 land plots were sold, totaling AED 1.2B (USD 332M).
With the assistance of mortgage financing, 80 villas and apartments were secured for AED 135M (USD 37M), along with 18 land plots worth AED 1.2B (USD 313M).