Dubai real estate transactions record 1.1 billion dirhams

"Palm Jumeirah" witnessed the sale of land for 43 million dirhams.

archival

Yesterday, real estate transactions in the Dubai Land Department amounted to more than 1.1 billion dirhams.

The department witnessed the registration of 302 pledges of allegiance worth 821.7 million dirhams, of which 38 pledges of allegiance to lands worth 296.89 million dirhams, and 264 pledges of allegiance to apartments and villas worth 524.8 million dirhams.

The most important land sales of 92 million dirhams came in the “Al Thanya Fourth” area, followed by a pledge of 43 million dirhams in the “Palm Jumeirah” area, then a pledge of 30 million dirhams in the “Sheikh Mohammed bin Rashid Gardens” area.

"Al Habiya Fourth" topped the regions in terms of the number of sales, after it recorded seven sales worth 32 million dirhams, followed by "Al Yafra 3", with six sales worth eight million dirhams, and the third in "Nad Al Sheba Third" with four sales of 12 million dirhams. .

And a pledge of 53 million dirhams in the “First Dubai Investment Park” area came as the most important sale of apartments and villas, followed by a pledge of 11 million dirhams in the “Burj Khalifa” area.

In turn, "Business Bay" topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 39 pledges worth 39 million dirhams, followed by the "Burj Khalifa" area with 23 pledges of 73 million dirhams, and a third in "Al-Thaniya Fifth" with 22 pledges worth 19 million dirhams dirhams.

Mortgages recorded a value of 217.96 million dirhams, including 18 mortgages of land, worth 92.66 million dirhams, and 66 mortgages for villas and apartments, with a value of 125.3 million dirhams, the most important of which was in the "Business Bay" area with a value of 42 million dirhams, and another in the "Saih Shuaib 4" area with a value of 25 million dirhams. dirhams.

As for the donations, there were 82 donations worth 86.3 million dirhams, the most important of which were in the "Al Barsha South Fourth" area, worth 24 million dirhams, and another in the "Nad Al Sheba" area with a value of 19 million dirhams.

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