3.9 billion dirhams spent on Dubai real estate in a week

Dubai Marina led the regions in terms of the number of sales of apartments and villas.

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Real estate transactions in the Dubai Land Department during the past week amounted to more than 3.9 billion dirhams.

The department witnessed the registration of 707 sales of 1.34 billion dirhams, including 86 sales of land, amounting to 307.81 million dirhams, and 621 sales of apartments and villas, amounting to 1.03 billion dirhams.

The most important land sales, with a value of 44 million dirhams, came in Gezira 2.

The Nad Al Sheba region topped the third regions in terms of the number of pledges, as it recorded 33 pledges at a value of 80 million dirhams, followed by Al-Yafra 3 with 13 pledges of 10 million dirhams, and Al-Wafra 2 with eight sales of 6 million dirhams.

With regard to the most important sales of apartments and villas, a pledge of 33 million dirhams came in Gezira 2, as the most important sales.

Dubai Marina topped the regions in terms of the number of sales of apartments and villas, with 72 sales of 132 million dirhams.

The value of mortgages amounted to 2.31 billion dirhams, including 112 mortgages for lands worth 1.61 billion dirhams, and 365 mortgages for villas and apartments worth 703.59 million dirhams.

As for donations, 73 donations worth 311 million dirhams were registered.

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