1.5 billion dirhams daily transactions on Dubai real estate
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Real estate news in Dubai
Real estate news in Dubai The real estate transactions in the Dubai Land Department amounted to more than 1.5 billion dirhams, as the department witnessed, on Tuesday, the registration of 356 loyalty, worth 1.12 billion dirhams, including 19 loyalty to lands, worth 313.29 million dirhams, and 337. Sale of apartments and villas worth 806 million. dirhams.
The most important land sales of AED 72 million were in the Umm Al Shaif area, followed by a pledge of AED 37 million in the first Warsan area, followed by a sale of AED 35 million in the Island 2 area.
The Sheikh Mohammed bin Rashid Gardens area topped the regions in terms of the number of sales, with 5 transactions worth 121 million dirhams, followed by the first Jebel Ali area with 5 transactions worth 15 million dirhams, and the third in Al-Habiya Fifth, with two sales of 5 million dirhams.
As for the most important sales of apartments and villas, a sale of 30 million dirhams was sold in the Island 2 area as the most important sale, followed by a sale of 24 million dirhams in the Dubai International Airport area, and finally a sale of 23 million dirhams in the fourth Warsan area.
The third Umm Suqeim area topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 28 pledges worth 65 million dirhams, followed by the Business Bay area with 26 pledges of 37 million dirhams, and the third in Sheikh Mohammed bin Rashid Gardens, with 23 pledges of 41 million dirhams.
Mortgages amounted to 247.22 million dirhams, including 13 land mortgages with a value of 121.5 million dirhams and 59 mortgages of villas and apartments with a value of 125.72 million dirhams, the most important of which was in the Dubai Marina area with a value of 114 million dirhams and another in the Island 2 area with a value of 28 million dirhams.
As for donations, 11 donations worth 196.26 million dirhams were registered, the most important of which were in the Business Bay area with a value of 175 million dirhams, and another in the Burj Khalifa area with a value of 15 million dirhams.
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