It registered 518,500 lease contracts

Dubai Lands: 52 billion dirhams, sales of 32.27 thousand villas and apartments during 2020

«Dubai Marina» is the best-selling areas for real estate units in 2020. Archives

The Dubai Land Department reported that the apartments and villas sectors recorded a good performance during 2020, despite the repercussions of the Coronavirus (Covid-19) pandemic, noting that 32 thousand and 276 apartments and villas were sold at a value of 52 billion dirhams.

The department detailed to "Emirates Today" that the residential apartments sector registered the sale of 25 thousand and 423 housing units, with a total value of 32.17 billion dirhams, while the villas sector witnessed the sale of 6853 villas, with a total value of more than 19.87 billion dirhams.

According to "Dubai Land", the one-bedroom units topped the list of best-selling units in 2020, with 8,940 units registered, followed by "studio" units that registered 7,117 units, while the number of two-room units reached 5904 units. , And consisting of three rooms, 2027 units.

In turn, "Dubai Marina" topped the list of the best-selling areas for real estate units during 2020, followed by "Al Thanyah Fifth", then "Burj Khalifa", "Warsan First" and "Al Barsha South Fourth", respectively.

In addition, "Dubai Lands" completed more than 1,400,000 digital services for its customers during the year 2020, through its smart channels, namely the department's website and the "Dubai Rest" application.

The department indicated that the number of registered lease contracts during the year 2020 reached 518 thousand and 535 lease contracts.

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