8.4 billion dirhams Dubai real estate transactions in a week
Last week, real estate transactions in the Dubai Land Department amounted to more than 8.4 billion dirhams.
According to the weekly report of the actions issued by the department yesterday, 2328 pledges of allegiance at a value of 6.14 billion dirhams were recorded, including 285 pledges of allegiance to land at a value of 1.7 billion dirhams and 2043 pledges of allegiance to apartments and villas at a value of 4.43 billion dirhams, while mortgages recorded 1.56 billion dirhams, while donations witnessed the registration of 60 donations at a value of 784.47 million. The most important land sales, with a value of 140 million dirhams, were in the second Al Sufouh area, while the most important sales of apartments and villas were a sale of 86 million dirhams in the Palm Jumeirah area.
"Business Bay" topped the regions in terms of the number of sales of apartments and villas, as it recorded 232 sales, at a value of 384 million dirhams.
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