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

Dubai

 
Real estate transactions in the Dubai Land Department amounted to more than 10.3 billion dirhams during the past week. With a value of 3.94 billion dirhams, while mortgages recorded 3.74 billion dirhams, while donations witnessed the registration of 80 gifts worth 110.04 million dirhams.

Over 10.3 billion dirhams worth of real estate transactions were reported at the Dubai Land Department over the previous week. Mortgages had a value of 3.94 billion dirhams, while donations saw the filing of 80 gifts totaling 110.04 million dirhams. Mortgages had a value of 3.74 billion 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 allegiances, with 173 pledges worth 475 million dirhams, followed by Jebel Ali First region with 70 pledges of 284 million dirhams, and the third in the "Al Yafra 2" area with 28 pledges of 35 million dirhams.

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