Real estate transactions in Dubai totaled more than 590 million dirhams on Sunday... The Department of Land and Property recorded 85 transactions worth AED 185 million, including 12 land transactions worth AED 59 million and 73 transactions for apartments and villas worth AED 126 million.

The most significant land sale, valued at 22 million dirhams, took place in the Fourth Al Thania area, followed by a sale worth 4 million dirhams in the Dubai Investment Park II area, and then a sale worth 4 million dirhams in the Fifth Al Thania area.

Wadi Al Safa led the six districts in terms of the number of sales, recording two sales worth AED 7 million, followed by Al Thania 5 with a sale worth AED 4 million, and third was Ma’isim 1 with a sale worth 4 million dirhams.

Regarding the most significant apartment and villa sales... a transaction worth 7 million dirhams in the Palm Jumeirah area was the largest, followed by a transaction worth 6 million dirhams in the Al Thania 5 area, and finally a transaction worth 5 million dirhams in the Burj Khalifa area.

The Dubai Marina area led all areas in terms of the number of apartment and villa sales.. It recorded 12 sales worth 27 million dirhams, followed by Business Bay with 10 sales worth 12 million dirhams, and third was Al Yalaise 2 with 7 sales worth 9 million dirhams.

Mortgages totaled 405 million dirhams, including 26 land mortgages worth 155 million dirhams and 29 villa and apartment mortgages worth 250 million dirhams. The largest was in the Dubai Marina area, worth 224 million dirhams, and another in the Al Khawaneej 2 area valued at AED 38 million.