Monday, August 14, brought in more than 700 sales transactions totaling AED 2.8B (USD 762M)

The real estate market in Dubai continues to grow as 717 sales transactions were recorded on Monday, August 14, 2023. These transactions were valued at over AED 2B (USD 545M).

There were an additional 131 mortgage deals and 15 gift deals totaling AED 692M (USD 188M) and AED 28.4M (USD 7.7M), respectively.

Among the properties sold were 687 apartments and villas and 30 land plots amounting to AED 1.74B (USD 470M) and AED 348M (USD 95M), respectively.

The number and value of these real estate transactions is based on information and reports from Dubai’s Land Department (DLD). This is a clear indication of the demand for real estate in the emirate of Dubai and the continued growth of the real estate market.