Dubai Marina tops the regions in terms of sales of apartments and villas

Dubai real estate records 7 billion dirhams of transactions within a week

Dubai Marina recorded 179 pledges of 513 million dirhams.

archival

The value of real estate transactions in the Dubai Land Department, within a week, exceeded seven billion dirhams, as the department witnessed the registration of 1,174 pledges of allegiance, valued at 3.25 billion dirhams, of which 91 pledged allegiance to land, with a value of 715.83 million dirhams, and 1,083 allegiance to apartments and villas, with a value of 2.53 billion dirhams.

land sales

The most important land sales came at a value of AED 62 million in the “Me’aisem First” area, followed by a pledge of 40 million dirhams in the “Dubai Maritime City” area, and a pledge of AED 38 million in the “Al Thanya Fourth” area.

"Sheikh Mohammed bin Rashid Gardens" topped the regions in terms of the number of pledges, with 18 pledges worth 276 million dirhams, followed by "Jumeirah First" area with 15 pledges of 153 million dirhams, and third in "Nad Al Sheba First" with 11 pledges worth 32 million dirhams.

A pledge of 45 million dirhams in the “Al Thaniya Fourth” area came as the most important sale of apartments and villas, followed by a pledge of 44 million dirhams in the “Burj Khalifa” area, and finally a pledge of 29 million dirhams in the “Business Bay” area.

Apartments and villas

"Dubai Marina" topped the regions in terms of the number of sales of apartments and villas, with 179 sales worth 513 million dirhams, followed by "Al Barsha South Fourth" area with 108 sales worth 81 million dirhams, and a third in "Burj Khalifa" with 90 pledges worth 301 million dirhams. .

Mortgages and gifts

In turn, the mortgages recorded a value of 3.56 billion dirhams, including 51 mortgages of land with a value of 1.6 billion dirhams, and 321 mortgages for villas and apartments worth 1.96 billion dirhams, the most important of which was in the "Palm Jumeirah" area with a value of 942 million dirhams, and another in the "Business Bay" area with a value of 305 Millions of dirhams.

As for the donations, 35 donations were recorded, worth 269.83 million dirhams, the most important of which were in the "Dubai Marina" area with a value of 190 million dirhams, and another in the "Al Barsha South Fourth" area with a value of 38 million dirhams.

1.5 billion dirhams real estate transactions within a day

Yesterday, real estate transactions at the Dubai Land Department registered more than 1.5 billion dirhams.

The department witnessed the registration of 243 pledges of allegiance worth 600.75 million dirhams, including 12 pledges of land with a value of 94.23 million dirhams, and 231 pledges of allegiance to apartments and villas worth 506.52 million dirhams.

And the pledge of allegiance to the value of 29 million dirhams came in “Business Bay” as the most important sales of apartments and villas, while “Dubai Marina” topped the regions in terms of number, with 39 pledges of 127 million dirhams.

Mortgages recorded a value of 705 million dirhams, including 13 mortgages of land at 40.36 million dirhams, and 68 mortgages for villas and apartments worth 664.63 million dirhams. As for donations, eight gifts were registered at 236.63 million dirhams.

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