"Sheikh Mohammed bin Rashid Gardens" witnessed the sale of land valued at 107 million dirhams

«Dubai Lands»: 5.3 billion dirhams of Dubai real estate transactions in a week

"Business Bay" leads the regions in terms of the number of sales of apartments and villas, with 190 sales.

Photography: Ashok Verma

During a week, real estate transactions in the Dubai Land Department amounted to more than 5.3 billion dirhams.

Last week, the department witnessed the registration of 1,765 pledges of allegiance worth 4.03 billion dirhams, of which 255 were pledged to lands worth 1.24 billion dirhams, and 1510 sales to apartments and villas worth 2.79 billion dirhams.

land sales

The most important land sales of 107 million dirhams came in the “Hadayek Sheikh Mohammed bin Rashid” area, followed by a pledge of 90 million dirhams in the “Island 2” area, then a pledge of 69 million dirhams in the “Al Thanya Fourth” area.

"Al Habiya Fifth" topped the regions in terms of the number of allegiances, after it recorded 130 pledges of allegiance, worth 311 million dirhams, followed by "Jebel Ali First" area with 40 pledges of 127 million dirhams, and the third in "Al Lifra 2", with 26 pledges of 31 million dirhams.

Apartments and villas

A pledge of 50 million dirhams came in the “Al-Rafaa” area, as the most important sales of apartments and villas, followed by a pledge of 25 million dirhams in the “Al Thanya Fourth” area, and finally a pledge of 23 million dirhams in the “Jumeirah II” area.

"Business Bay" topped the regions in terms of the number of sales of apartments and villas, with 190 pledges worth 329 million dirhams, followed by "Dubai Marina" with 127 pledges worth 375 million dirhams, and third in "Al Barsha South Third" with 116 pledges worth 74 million dirhams. .

Mortgages and gifts

Mortgages recorded a value of 1.14 billion dirhams, including 64 mortgages of land, worth 364.39 million dirhams, and 350 mortgages for villas and apartments, with a value of 779.02 million dirhams. dirhams.

As for the donations, 68 donations worth 214.32 million dirhams were registered, the most important of which was in the "Wadi Al-Amdi" area with a value of 66 million dirhams, and another in the "Nad Hessa" area with a value of 23 million dirhams.

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