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AED 3 Billion in Dubai Real Estate Sales

Dubai’s real estate transactions recorded a total value of AED 4.32 billion yesterday, Tuesday, across 1,121 deals, according to data from Dubai Land Department.

Total sales were estimated at AED 3.01 billion distributed over 865 sales transactions. The highest-value deals were recorded in areas such as Business Bay Second at AED 422 million, Muhaisnah First at AED 262.6 million, and Deira Palm at AED 179 million.

AED 3 Billion in Dubai Real Estate Sales

As for mortgages, their total value reached AED 1.24 billion through 217 transactions. The most notable were in Al Marmoom at AED 457.5 million, Business Bay Second at AED 246.2 million, and Mirdif at AED 68 million.

Regarding gifts, they reached a total of AED 76 million. The most prominent transactions were recorded in Umm Al Sheif at AED 13.8 million, Jumeirah Village Circle at AED 12.8 million, and Emirates Hills at AED 12.7 million.

Ahmed ElBatrawy

Real estate visionary Ahmed Elbatrawy has successfully closed more than $1 billion worth of real estate deals. He is well-known for being the creator of Arab MLS and for being an innovator in the digital space. Ahmed Elbatrawy is the only owner of the CoreLogic real estate software platform MATRIX MLS rights.
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