4.3 billion dirhams Dubai real estate transactions in a week

Last week, real estate transactions at Dubai Land Department generated over AED 4.3 billion.

According to the weekly report of the transactions issued by the Department, yesterday, recorded 1029 pledges worth AED 2 billion, including 81 pledges of land worth AED 507 million, and 948 pledges of apartments and villas valued at AED 1.5 billion, while mortgages registered about AED 2.3 billion.

The most important land sales were AED 77 million in Al Barsha South, followed by AED 60 million in Sheikh Mohammed Bin Rashid Gardens and AED 49 million in Wadi Al Amri.

Jebel Ali First ranked first in terms of sales, with nine sales worth AED 33 million, followed by Wadi Al Safa 5 with eight sales worth AED 23 million, and Al Habiya VI with eight sales, with AED 13 million.

The most significant sales of apartments and villas were AED 12 million in Jazira 2, followed by AED 9 million in Business Bay.

First Lagoons topped the list with sales of apartments and villas, with 231 sales valued at AED 365 million, followed by Dubai Marina with 81 sales valued at AED 186 million and Business Bay with 58 sales valued at AED 80 million.