AED 3 billion worth of real estate transactions in Dubai in a week. Mortgages are recorded at 1.98 billion

Real Estate Dee

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Real estate transactions at the Dubai Land Department during the week achieved AED 3 billion, most notably mortgages worth AED 1.98 billion through 186 procedures in Dubai real estate

DLD registered 629 sales worth AED 1.06 billion, including 79 land sales worth AED 405 million and 550 sales <a href="http://www.dubailand.gov.ae/Arabic/Pages/default.aspx" target="_blank" rel="noopener

DLD witnessed 629 sales worth AED 1.06 billion, including 79 sales of land worth AED 405 million and 550 sales of apartments and villas worth AED 663 million.

The most important sales during the week were mortgages worth AED 1.98 billion through 186 procedures in Dubai real estate. The most important land sales worth AED 53 million came in the Sheikh Mohammed bin Rashid Gardens area.

Al Yafra 2 topped the regions in terms of the number of sales, with 19 sales worth AED 22 million.

Warsan topped the list in terms of the number of sales, with 19 sales worth AED 22 million. Warsan I topped the regions in terms of the number of sales of apartments and villas, with 132 sales worth AED 58 million.

Warsan I topped the regions in terms of the number of sales of apartments and villas, with 132 sales worth AED 58 million. Mortgages recorded AED 1.98 billion, including 71 land mortgages worth AED 1.7 billion and 115 mortgages for villas and apartments worth AED 285 million, most notably in Garhoud area worth AED 347 million and a mortgage in Dubai Marina area worth AED 273 million.

Mortgages recorded AED 1.98 billion, including 71 land mortgages worth AED 1.7 billion and 115 villas and apartments worth AED 285 million. <Real estate transactions in one day amounted to more than one billion dirhams. 188 sales worth AED 328 million were recorded, including 23 sales of land worth AED 115 million and 165 sales of apartments and villas worth AED 213 million.

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Dubai Real Estate Market (eMart)

Dubai Real Estate Market (eMart) is an online portal for buying real estate online.

Dubai Property Market is an innovative platform for property owners, brokers, developers, investors and management companies to showcase their properties for sale.

<All interaction channels operate under a set of laws and regulations enforced by the Dubai Land Department. <The Dubai Real Estate Market portal is an interactive user interface built on the latest technology.

Real estate professionals use DLDM to offer their properties for sale through online auction in Dubai.

Potential buyers <Potential buyers search for properties listed for auction, and interact with property owners, brokers and management companies to complete sales transactions online. <A property can be listed for sale through an online auction. <This will help owners to reach as many interested buyers as possible during the marketing period.

Buyers also benefit as they can make an informed decision based on price and demand in real time.