19 Hrs
Source:
الخليج
Dubai hits record villa sale at 725M AED
The Dubai real estate market recorded two identical transactions: a sale and a mortgage in the Burj Khalifa area, with a total value of up to 1.2 billion dirhams. One villa was sold for a record-breaking amount of 725 million dirhams, spanning an area of 379,000 square feet, while another villa of the same size was mortgaged for 471.3 million dirhams. On Friday, transactions amounted to total sales of 1.3 billion dirhams across 185 deals, along with mortgages valued at 684 million dirhams through 44 deals, as the market continues to witness active real estate activity in the region.
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