Dubai real estate transactions record 1.8 billion dirhams

Today, Monday, real estate transactions in the Dubai Land Department amounted to more than 1.8 billion dirhams.

The department witnessed the registration of 467 pledges of allegiance, worth 929.68 million dirhams, of which 62 pledged allegiance to land, worth 226.44 million dirhams, and 405 sales of apartments and villas, worth 703.24 million dirhams.

land sales

The most important land sales of 28 million dirhams in the “Jumeirah First” area, followed by a pledge of 24 million dirhams in the “Al Barsha South Fifth” area, then a pledge of 14 million dirhams in the “Jebel Ali First Industrial” area.

"Al Habiya Fifth" region topped the regions in terms of the number of allegiances, with 34 pledges worth 68 million dirhams, followed by "Jebel Ali First" area with eight pledges of 26 million dirhams, and the third in "Al Yafra 2" with five sales worth six million dirhams.

Apartments and villas

A pledge of 25 million dirhams in the “Al Khawaneej II” area came as the most important sale of apartments and villas, followed by a pledge of 15 million dirhams in the “Al Ras” area, and a pledge of 11 million dirhams in the “Umm Suqeim Third” area.

“Al Barsha South Fourth” topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 44 pledges worth 29 million dirhams, followed by “Burj Khalifa” with 35 pledges of 91 million dirhams, and the third in “Business Bay” with 32 pledges of 37 million dirhams .

Mortgages and gifts

In turn, the mortgages recorded a value of 752.6 million dirhams, including 15 mortgages of land, worth 83.78 million dirhams, and 115 mortgages for villas and apartments, with a value of 668.82 million dirhams. dirhams.

As for donations, 30 gifts were registered, worth 155.48 million dirhams.

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