The most important apartment and villa deals witnessed in "Palm Jumeirah"

Dubai records real estate sales of 6.5 billion dirhams in a week

The Palm Jumeirah area recorded 3 sales, one of which amounted to 163 million dirhams.


Real estate transactions in the Dubai Land Department amounted to more than 10.3 billion dirhams during the past week.

According to the weekly report of actions, issued by the department yesterday, 2583 pledges of allegiance were recorded, with a value of 6.5 billion dirhams, of which 344 pledged allegiance to land at 2.55 billion dirhams, and 2,239 allegiance to apartments and villas with a value of 3.94 billion dirhams, while mortgages recorded 3.74 billion dirhams, while donations witnessed the registration of 80 donations. With a value of 110.04 million dirhams.

The most important land sales of AED 400 million were in the Al Wasl area, followed by a pledge of AED 205 million in the Gardens of Sheikh Mohammed bin Rashid area, and then a pledge of AED 130 million in the Palm Jumeirah area.

"Al Habiya Fifth" topped the regions in terms of the number of pledges, with 173 pledges worth 475 million dirhams, followed by Jebel Ali First area with 70 pledges of 284 million dirhams, and the third in the "Al Yafra 2" area with 28 pledges of 35 million dirhams.

The most important sales of apartments and villas were in the Palm Jumeirah area, where three sales were recorded, the first with a value of 163 million dirhams, the second with a value of 85 million dirhams, while the value of the third sale amounted to 55 million dirhams.

"Business Bay" topped the regions in terms of the number of sales of apartments and villas, as it recorded 411 pledges of allegiance to the value of 600 million dirhams, followed by the Al-Markadh area with 309 sales with 302 million dirhams, and the third in the Al Barsha South Fourth area with 190 pledges of 134 million dirhams.

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