Dubai’s real estate market recorded total realty transactions worth a whopping AED1.2 billion ($326.71 million) on Monday, according to official figures.

 

As many as 368 sales transactions worth AED909.66 million and mortgage deals of AED177.3 million were effected on the day, in addition to 70 gift transactions amounting to AED126.81 million, data released by the emirate’s Land Department (DLD) showed, said a Wam news agency report.

 

The sales included 325 villas and apartments worth AED735.99 million and 43 land plots worth AED173.66 million, while the mortgages included 103 villas and apartments worth AED148.47 million and 11 land plots valued at AED28.83 million, it said.