Dubai – Agencies
Real estate transactions at the Dubai Land Department reached approximately 787 million dirhams, with sales totaling 693 million dirhams, including 447 million dirhams in land sales and approximately 246 million dirhams in apartment and villa sales.
Mortgages totaled 94 million dirhams, including 64 million dirhams in land mortgages and 30 million dirhams in villa and apartment mortgages. Yesterday, the department recorded 398 sales, including 217 land sales, while apartment and villa sales totaled 181, worth 246 million dirhams, of which 171 were apartment sales, worth AED 222 million, and 10 villa sales worth AED 23 million. The most significant of these was a sale worth AED 185 million in the Naif area, and another worth AED 42 million in the Fourth Al Thania area.
The Fifth Thania area also led the regions in terms of the number of sales, recording 11 sales worth AED 42 million, followed by Jebel Ali First with 5 sales worth AED 90 million. A total of 40 mortgages were registered, including 16 land mortgages worth AED 64 million and 24 mortgages for apartments and villas worth AED 30 million. The most significant of these was in the Manakhul area, worth AED 18 million, and another in the Al Thania 5 area, worth AED 12 million.