Dubai records 2071 sales of apartments and villas worth 5.64 billion dirhams in a week
Last week, real estate transactions in the Dubai Land Department amounted to more than 9.6 billion dirhams.
According to the weekly report of the actions issued by the department yesterday, 2,250 pledges of allegiance at a value of 7.03 billion dirhams were recorded, including 179 pledges of allegiance to land at a value of 1.39 billion dirhams, and 2071 pledges of allegiance to apartments and villas at a value of 5.64 billion dirhams.
Mortgages recorded two billion dirhams, while
Donations witnessed the registration of 94 donations, with a value of 537.7 million dirhams, the most important of which was recorded in the Palm Jumeirah area, with a value of 301 million dirhams.
The most important land sales came with a value of 230 million dirhams in the Dubai Marina area, followed by a pledge of 175 million dirhams in the first industrial area of Jebel Ali, then a pledge of 95 million dirhams in the Palm Jumeirah area.
Al-Habibia Al-Fifth topped the regions in terms of the number of sales, as it recorded 95 sales at a value of 237 million dirhams, followed by the first Jebel Ali region, with 24 sales at a value of 79 million dirhams, and a third in the “Al-Yafra 2” area, with 10 sales at a value of 12 million dirhams.
As for the most important sales of apartments and villas, a sale of 336 million dirhams came in the second trade center area as the most important sale, followed by two sales in the “Island 2” area, the first with a value of 133 million dirhams, and the second with 127 million dirhams.
The "Business Bay" topped the regions in terms of the number of sales of apartments and villas, as it recorded 269 pledges of allegiance, at a value of 466 million dirhams, followed by the Merkad region, with 239 pledges of allegiance, at a value of 340 million dirhams, and a third in the "Third Al Thanyah", where it recorded 170 pledges of allegiance, at a value of 468 million dirhams.
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