Dubai’s real estate transactions totaled AED 15.6 billion last week, with 3,243 sales worth AED 9.08 billion, including 278 land sales worth AED 1.74 billion and 2,965 apartment and villa sales worth AED 7.34 billion.
Land sales
Dubai Real Estate transactions showed the most important land sales worth AED 89 million in the Wadi Al Safa 3 area, followed by a sale worth AED 75 million in the Dubai Maritime City area, followed by a sale worth AED 70 million in Palm Jumeirah.
Al Habia Fifth topped the list of areas in terms of the number of sales with 82 sales worth AED 212 million, followed by Hind City 4 with 31 sales worth AED 41 million, and thirdly Jebel Ali First with 27 sales worth AED 100 million.
Apartment and villa sales
As for the most important apartment and villa sales , a sale worth 252 million dirhams in Al Quoz First area came as the most important sale, followed by a sale worth 100 million dirhams in Al Nahda First area, and finally a sale worth 100 million dirhams in Palm Jumeirah.
Al Barsha South Fourth area topped the list of areas in terms of the number of apartment and villa sales, recording 334 sales worth AED 294 million, followed by Dubai Marina area with 271 sales worth AED 1 billion, and thirdly Al Thanya Fifth with 240 sales worth AED 416 million.
Mortgages
Mortgages were recorded at AED 5.61 billion, including 114 land mortgages worth AED 723.93 million, and 552 villa and apartment mortgages worth AED 4.88 billion, the most important of which were in the Al Khiran area worth AED 3 billion, and another in the Dubai Investment Park 1 area worth AED 388 million.
139 donations were recorded with a value of 933.63 million dirhams, the most important of which was in the Al Muraqqabat area with a value of 160 million dirhams, and another in the Umm Suqeim Third area with a value of 130 million dirhams.
