Dubai recorded mortgage deals worth 71.7 billion dirhams over 9 months.
According to Al Bayan newspaper, official data showed that this value was achieved through 9884 mortgage deals for various real estate, including commercial and residential lands, residential and commercial units, villas and buildings.
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The total amount is distributed to the land mortgage market by 84%, while the share of residential and commercial mortgages reached 13%, while the share of mortgage deals did not exceed 3%. < / p>
The market witnessed 4,844 mortgage deals for lands worth 60.2 billion dirhams, 8,206 mortgage deals for a residential and commercial unit worth 9.5 billion dirhams, and 1,488 mortgage deals for villas worth two billion dirhams.
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