On Tuesday, the real estate market in Dubai recorded the mortgage of a plot of land within the “Business Bay” area at a value of 624 Million Dirhams, with a total area of 50,587 square feet, according to “Dubai Rest” data.
The value of mortgages reached 1.04 Billion Dirhams, resulting from 132 procedures, while sales ranged around 1.74 Billion Dirhams through 724 transactions, while donations reached 204 Million Dirhams, resulting from 37 transactions.
Thus, the total value of transactions approached 3 Billion Dirhams, achieved through 893 procedures.