Real estate transactions in the Dubai Land Department achieved more than AED 548 million as the department witnessed 124 sales worth AED 365 million yesterday, including 27 sales of land worth AED 189 million and 97 sales of apartments and villas worth AED 176 million.

The most important land sales worth AED 60 million came in the Dubai Investment Park I area, followed by a sale worth AED 41 million in Warsan IV, followed by a sale worth AED 8 million in Habibiya III.

The Sheikh Mohammed bin Rashid Gardens area topped the regions in terms of the number of sales with 8 sales worth AED 30 million, followed by Habibiya III with 4 sales worth AED 15 million and Jebel Ali I with 2 sales worth AED 6 million.

In terms of the most important sales, Sheikh Mohammed bin Rashid Gardens topped the list. In terms of the most important sales of apartments and villas, a sale worth AED 8 million in Dubai Marina area was the most important sale, followed by a sale worth AED 8 million in Al Markaz and finally a sale worth AED 5 million in Dubai Marina area.

With regard to the most important sales of apartments and villas, a sale worth AED 8 million in Dubai Marina area was the most important sale. The Dubai Marina area topped the regions in terms of the number of sales of apartments and villas with 12 sales worth AED 35 million, followed by Sheikh Mohammed bin Rashid Gardens with 11 sales worth AED 30 million and Burj Khalifa with 9 sales worth AED 23 million.

Mortgages recorded a value of AED 183 million, including 25 land mortgages worth AED 145 million and 27 mortgages of villas and apartments worth AED 38 million, the most important of which were in the fourth Worsan area worth AED 41 million and another in the third Umm Suqeim area worth AED 27 million.