AED 13.1 billion in real estate transactions in Dubai in a week

Sales AED 9.8 billion from 3,800 transactions, mortgages AED 2.72 billion, and donations AED 576 million.
Dubai - Real Estate Deals and Sales 

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Dubai's real estate market recorded remarkable activity last week, with total transactions exceeding AED13.1 billion, according to data from the Dubai Land Department's (DLD) Dubai Rest app. <In five days, sales totaled AED 9.8 billion through 3,800 transactions. Al Yafra 1 topped the topped the list of top-selling areas, achieving AED 1.24 billion through 395 transactions, followed by Jumeirah Village Circle with AED 640 million through 371 transactions, and Bukadra third with AED 509 million through 252 sales.

In terms of sales, Al Yafra 1 topped the list of top-selling areas. In terms of mortgages, they amounted to AED 2.72 billion through 729 procedures, with Jebel Ali Industrial Area I recording the highest mortgage value of AED 305 million through only one procedure, followed by Alelias with AED 242 million through 5 procedures, then Town Square with AED 219 million through 15 mortgages.

With regard to mortgages, they amounted to AED 2.72 billion through 729 procedures. In terms of gifts, AED 576 million was recorded across 95 transactions, with Mohammed Bin Rashid City District 1 leading with AED 124 million, followed by Jadaf Waterfront with AED 85 million from a single transaction, and Discovered Gardens with AED 39 million.

On Friday alone, AED 576 million was recorded across 95 transactions. On Friday alone, daily transactions amounted to AED 2.88 billion across 769 transactions, including AED 1.83 billion worth of sales through 618 transactions, AED 1.03 billion worth of mortgages through 144 transactions, and AED 19 million worth of gifts through 7 transactions.

On Friday alone, daily transactions amounted to AED 2.88 billion across 769 transactions.