"Lands and Properties" witnesses the registration of 138 swaps of 244.51 million dirhams

Dubai real estate records transactions of 720 million dirhams

«Dubai Marina» witnessed a pledge of 13 million dirhams.

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Yesterday, real estate transactions in the Dubai Land Department recorded more than 720 million dirhams.

The department witnessed the registration of 138 pledges of allegiance to the value of 244.51 million dirhams, including four sales of lands worth 18.45 million dirhams, and 134 sales of apartments and villas, amounting to 226.06 million dirhams.

The department stated, in a statement, that the most important land swaps came with a value of 14 million dirhams in the “Al-Marakad” area, followed by a pledge of two million dirhams in the “Muhaisnah III” area, then a one million dirham pledge in the “Al-Thanyah Al-Khamsa” area.

“Al-Thanyah Al-Kifth” topped the regions in terms of the number of pledges, registering two pledges of allegiance at two million dirhams, followed by the “Muhaisnah III” region by registering a pledge of two million dirhams, and a third in “Al-Markad” by registering a pledge of allegiance of 14 million dirhams.

A pledge of 15 million dirhams in "Palm Jumeirah" came as the most important sale of apartments and villas, followed by a pledge of 13 million dirhams in the "Dubai Marina", then a pledge of 12 million dirhams in the "Al-Merkad" area.

“Al Khairan Al Awal” topped the regions in terms of the number of sales of apartments and villas, as it recorded 24 pledges at a value of 25 million dirhams, followed by “Al Thanyah Fifth” by registering 16 pledges of nine million dirhams, and a third in “Palm Jumeirah” by registering 11 pledges at a value of 30 million dirhams.

In turn, mortgages recorded a value of 385.77 million dirhams, of which 16 mortgages were for lands worth 287.15 million dirhams, and 54 mortgages for villas and apartments valued at 98.63 million dirhams, the most important of which was in the “Al Barsha South Fourth” area with a value of 269 million dirhams, and the other in the “Palm Jumeirah” area at a value of 269 million dirhams. 18 million dirhams.

As for the donations, 19 donations worth 89.95 million dirhams were registered, the most important of which was in the Al-Bada area, at a value of 38 million dirhams, and another in the first Jebel Ali region, with a value of 20 million dirhams.

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