AED 5.8 billion worth of real estate transactions in Dubai last week

1721 sales worth AED 4.49 billion, most notably land and apartment sales, mortgages of 779.4 million and gifts of 616.75 million
Dubai - Real Estate Deals and Sales 

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The value of real estate transactions in the Dubai Land Department Dubai recorded more than 5.8 billion dirhams during last week's transactions.

The value of real estate transactions in the Department of Land and Property in the Emirate of Dubai

DLD said that 1721 sales worth AED 4.49 billion were recorded, including 114 sales of land worth AED 1.36 billion and 1183 sales of apartments and villas worth AED 3.13 billion.

DLD said that the sale of apartments and villas worth AED 3.13 billion was recorded. It pointed out that the most important land sales worth AED 268.33 million came in the fifth Thaniyah area, followed by a sale worth AED 113.9 million in the fourth Warsan area, followed by a sale worth AED 65.26 million in the Palm Jebel Ali area.

According to the data, the sale of apartments and villas worth AED 3.13 billion. According to DLD, Hind City 4 topped the list in terms of the number of sales with 18 sales worth AED 20.57 million, followed by Palm Jebel Ali with 11 sales worth AED 311.64 million and Seih Shuaib 1 with 8 sales worth AED 15.95 million.

According to data from Dubai Land Department, the area topped the list in terms of the number of sales. As for the most important sales of apartments and villas, a sale worth AED 110.01 million in Al Thaniyah Al Awwal came as the most important sale, followed by a sale worth AED 62 million in Palm Jumeirah, and finally a sale worth AED 56.4 million in Palm Jumeirah.

Followed by a sale worth AED 56.4 million in Palm Jumeirah. Al Barsha South IV topped the regions in terms of the number of sales of apartments and villas with 170 sales worth AED 163.95 million, followed by Sheikh Mohammed bin Rashid Gardens with 119 sales worth AED 286.11 million and Business Bay with 81 sales worth AED 138.74 million.

Al Barsha South IV topped the regions in terms of the number of sales of apartments and villas, with 170 sales worth AED 163.95 million, followed by Sheikh Mohammed bin Rashid Gardens with 119 sales worth AED 286.11 million. While mortgages recorded a value of 779.4 million dirhams, including 53 land mortgages worth 109.85 million dirhams and 273 mortgages for villas and apartments worth 669.54 million dirhams, the most important of which was in the Hamriyah area worth 125 million dirhams and another in the Mankhool area worth 52.15 million dirhams.

While mortgages recorded a value of 779.4 million dirhams. As for gifts, 98 gifts worth AED 616.75 million were recorded, the most important of which was in the fourth Thaniyah area worth AED 101.25 million and another in the Burj Khalifa area worth AED 68.03 million.

Gifts were recorded 98 gifts worth AED 616.75 million.