The real estate transactions in the Dubai Land Department achieved more than 3.1 billion dirhams, most notably mortgages worth 2 billion 363 million dirhams through 284 procedures, as the department witnessed last week the registration of 442 sales worth 751 million dirhams, including 84 sales of land worth 337 million dirhams and 358 sales of apartments and villas worth 414 million dirhams.

<The most important land sales worth AED 22 million came in Jebel Ali area, followed by a sale worth AED 14 million in Al Quoz Industrial Area III, followed by a sale worth AED 14 million in Al Markad area.
The Nad Al Sheba area topped the regions in terms of the number of sales, recording 25 sales worth 91 million dirhams, followed by Habibiya III with 7 sales worth 17 million dirhams and Wadi Al Safa III with 6 sales worth 15 million dirhams.

In terms of land sales, Nad Al Sheba topped the regions in terms of the number of sales. As for the most important sales of apartments and villas, a sale worth 14 million dirhams in Al Markaz came as the most important sale, followed by a sale worth 6 million dirhams in Dubai Marina and finally a sale worth 5 million dirhams in Jumeirah I.

Business Bay topped the regions in terms of the number of sales of apartments and villas with 55 sales worth AED 81 million, followed by Al Barsha South IV with 43 sales worth AED 33 million and Warsan I with 38 sales worth AED 17 million.

Mortgages recorded a value of AED 2 billion 363 million, including 150 land mortgages worth AED 2 billion 200 million and 134 mortgages for villas and apartments worth AED 163 million, the most important of which were in the first Ruwaiya area worth AED 800.5 million and another in Wadi Al Safa 3 worth AED 490.3 million.

Mortgages were recorded in the first Ruwaiya area worth AED 800.5 million and another in Wadi Al Safa 3 worth AED 490.3 million.