6.8 billion dirhams of Dubai real estate transactions in a week

Real estate transactions in the Dubai Land Department during the current week amounted to more than 6.8 billion dirhams, recording 1959 pledges of allegiance, worth 5.05 billion dirhams, of which 333 pledged allegiance to land, with a value of 1.5 billion dirhams, and 1,626 pledges of allegiance to apartments and villas, with a value of 3.55 billion dirhams.

The most important land sales of 342 million dirhams in the third Jebel Ali region, followed by a pledge of 87 million dirhams in the Business Bay area, followed by a pledge of 30 million dirhams in the Al-Jaddaf area.

Al Habiyah Fifth District topped the regions in terms of the number of pledges, with 138 pledges worth 308 million dirhams, followed by the first Jebel Ali area with 55 pledges of 188 million dirhams, and the third in Jebel Ali Port, with 40 pledges worth 3 million dirhams.

With regard to the most important sales of apartments and villas, a pledge of 40 million dirhams in the Palm Jumeirah area came as the most important pledge, followed by a pledge of 29 million dirhams in the Palm Jumeirah area, and finally a pledge of 28 million dirhams in the Palm Jumeirah area.


Dubai Marina topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 189 pledges worth 538 million dirhams, followed by Burj Khalifa, with 148 pledges, worth 427 million dirhams, and third in the First Khairan, with 117 pledges worth 250 million dirhams.

Mortgages amounted to 1.58 billion dirhams, including 78 mortgages of land, valued at 567.86 million dirhams, and 357 mortgages for villas and apartments, with a value of 1.01 billion dirhams.

As for the donations, 84 donations were recorded, worth 228.25 million dirhams.

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