Real estate transactions in the Dubai Land Department achieved more than AED 3 billion last week, with 725 sales worth AED 1.767 million, including 67 sales of land worth AED 904 million and 658 sales of apartments and villas worth AED 863 million.
The most important sales of land worth AED 350 million in Business Bay, followed by a sale worth AED 158 million in the World Islands area, and a sale worth AED 97 million in Al Barsha South IV. The most important land sales worth AED 350 million came in the Business Bay area, followed by a sale worth AED 158 million in the World Islands area, then a sale worth AED 97 million in Al Barsha South IV.
Habiya III topped the regions in terms of the number of sales, recording 10 sales worth 41 million dirhams, followed by Wadi Safa 6 with 5 sales worth 19 million dirhams, and Al Barsha South IV with 4 sales worth 122 million dirhams.
In terms of sales, Al Barsha South IV recorded 4 sales worth 122 million dirhams. As for the most important sales of apartments and villas, a sale worth AED 20 million in the Burj Khalifa area was the most important sale, followed by a sale worth AED 17 million in the Burj Khalifa area, and finally a sale worth AED 11 million in the Jaddaf area.
With regard to the most important sales of apartments and villas, a sale worth AED 20 million in the Burj Khalifa area was the most important sale. Al Quoz topped the fourth district in terms of the number of sales of apartments and villas, recording 119 sales worth AED 76 million, followed by Al Barsha South with 69 sales worth AED 46 million, and third in Business Bay with 49 sales worth AED 71 million.
Mortgages recorded a value of one billion and 278 dirhams, including 81 land mortgages worth one billion dirhams, and 142 mortgages for villas and apartments worth 278 million dirhams.
