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Dubai United Arab Emirates
The value of real estate transactions in the Dubai Land Department during the current week amounted to more than 10 billion dirhams, as the department witnessed the registration of 2398 sales worth 6.4 billion dirhams, including 168 sales of land worth 1.26 billion dirhams, and 2230 sales of apartments and villas worth 5.14 billion dirhams, according to the Emirates News Agency.
The most important sales of land were recorded at 116 million dirhams in the second Umm Suqeim area, followed by a sale of 79 million dirhams in the Al-Satwa area, followed by a sale of 70 million dirhams in the fourth thunai area, and the fifth Al-Habiba area topped the regions in terms of the number of sales, as it recorded 68 sales worth 198 million dirhams, followed by the fourth Al-Habiba area with 26 sales worth 264 million dirhams, and the third in Jebel Ali, the first with 18 sales worth 66 million dirhams.
With regard to the most important sales of apartments and villas, the sale of 125 million dirhams in the first Nahda area was the most important sales, followed by a sale of 42 million dirhams in the fourth thunaiya area, and finally a sale of 36 million dirhams in the Palm Jumeirah area.
The fifth Al Habiba area topped the regions in the number of sales and recorded 68 sales of 198 million dirhams
The Al Barsha area south of the fourth region topped the regions in terms of the number of sales of apartments and villas, recording 306 sales worth 242 million dirhams, followed by the Dubai Marina area with 276 sales worth 1 billion dirhams, and the third in Wadi Al Safa 5 with 208 sales worth 439 million dirhams.
The mortgages recorded a value of 3.01 billion dirhams, including 119 mortgages of land worth 321.99 million dirhams, and 316 mortgages of villas and apartments worth 2.68 billion dirhams, the most important of which was the Palm Jumeirah area worth 1 billion dirhams, and another in the first commercial center area worth 220 million dirhams.
The donations witnessed the registration of 434 donations worth 669.63 million dirhams, the most important of which was in the Wadi Al Safa 5 area worth 173 million dirhams, and another in the area of Dubai First Investment Park worth 131 million dirhams.
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