Dubai real estate attracted 16 billion dirhams in February

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Source: (MENAFN – Al-Bayan)

  • Dubai – Mashreq Ali Haider

Date: February 28, 2021 Dubai real estate sale, purchase, mortgage and grants transactions recorded more than 16 billion dirhams during the month of February 2021, according to data reviewed by Al-Bayan.

The largest share of the total amount went to mortgage deals, as it recorded 7.9 billion dirhams in total mortgage deals of 1353 properties, including 1655 residential and commercial apartments, 701 villas and 340 plots of land.

The value of sales deals amounted to about 6.8 billion dirhams, the proceeds of the sale of 3527 real estate units, including 2567 residential and commercial apartments, 726 villas and 333 plots of land, while donations of 1.2 billion dirhams were recorded, the value of 264 real estate grants, including 133 apartments, 103 villas, and 28 plots of land.

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