6.3 billion dirhams of Dubai real estate transactions in a week

Real estate transactions in the Dubai Land Department this week amounted to more than 6.3 billion dirhams.

And the weekly report of actions indicated that 1,579 pledges of allegiance were recorded, worth 3.99 billion dirhams, of which 156 pledged allegiance to land, worth 853.69 million dirhams, and 1423 pledges of allegiance to apartments and villas, with a value of 3.13 billion dirhams, while mortgages were recorded at 2.22 billion dirhams, while donations witnessed the registration of 59 gifts worth 177.8 million dirhams.

The most important land sales, worth 38 million dirhams in the second Jumeirah area, followed by a pledge of 37 million dirhams in the fourth Al-Thaniya area, and then 34 million dirhams in the first Jumeirah area.

"Wadi Al-Safa 5" topped the regions in terms of the number of pledges of allegiance, with 37 pledges of 159 million dirhams, followed by the Fourth Al-Habiya area with 20 pledges of 97 million dirhams, and the third in the Third Al-Habiya area with 18 pledges worth 57 million dirhams.

The most important pledges of apartments and villas were pledged at a value of 42 million dirhams in the Palm Jumeirah area, followed by a pledge of 35 million dirhams in the third Umm Suqeim area, and finally a pledge of 30 million dirhams in the Fifth Al Thanya area.

"Dubai Marina" topped the regions in terms of the number of pledges of allegiance to apartments and villas, as it recorded 184 pledges of allegiance to a value of 546 million dirhams, followed by the Business Bay area with 172 pledges of allegiance to a value of 213 million dirhams, and a third in "Al-Habibiya Fourth" with 126 pledges of 282 million dirhams.

Follow our latest local and sports news and the latest political and economic developments via Google news