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2.3 billion dirhams Dubai real estate transactions during the week

2019-08-22T22:44:05.791Z

During the past week, real estate transactions in the Dubai Land Department recorded more than AED 2.3 billion, with 619 sales worth AED 1 billion, including 105 land sales worth AED 377 million and 514 sales of apartments and villas valued at AED 623 million.


The real estate transactions in Dubai Land Department during the last week, more than 2.3 billion dirhams.

The department witnessed 619 sales of AED 1 billion, of which 105 sold land worth AED 377 million, and 514 sales of apartments and villas worth AED 623 million.

The most important land sales were AED 45 million in Hor Al Anz East, AED 45 million in Al Nahda 2 and AED 19 million in Al Mamzar.

Jebel Ali First topped the list with 59 sales at AED 109 million, followed by Sheikh Mohammed Bin Rashid Gardens with 10 sales at AED 45 million and the third at Al Habiya III with four sales at AED 10 million.

A total of AED 16 million in the Al Merkad area were the most important apartments and villas, followed by AED 12 million in the Dubai Marina and AED 8 million in the Burj Khalifa area.

Dubai Marina topped the list with sales of apartments and villas, with 102 sales worth AED 154 million, followed by Wadi Al Safa 2 with 42 sales worth AED 12 million, and third in Business Bay with 40 sales worth AED 60 million. The mortgages recorded a value of 1.3 billion dirhams, including 78 mortgages for land worth 1.1 billion dirhams, and 126 mortgages for villas and apartments valued at 200 million dirhams, the most important of which in the «Al Barsha South Fourth» with a value of 226 million dirhams, and another in the «Nad Hessa» worth 206 million. AED

Source: emara

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