A mortgage deal for land in Dubai for 2.4 billion dirhams


Yesterday, real estate transactions in Dubai witnessed the registration of a real estate mortgage deal for land in the Al Wasl area for commercial purposes, with a value of about 2.4 billion dirhams.

According to Dubai Land Department data, the land area is 120,000 square feet, at a price of 19,999 thousand dirhams per square foot.

Yesterday, real estate transactions in Dubai recorded the implementation of 92 mortgage deals with a total value of 2.61 billion dirhams, distributed among 55 residential units, 18 buildings, and 19 plots of land.

As for sales deals, 613 deals were executed, with a total value of 2.02 billion dirhams, distributed among 507 residential units, 56 buildings and 50 plots of land.

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