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Real estate transactions in the Land Department in Dubai amounted to more than 9.4 billion dirhams, as the department witnessed this week recording 2431 pledges of allegiance at a value of 7.23 billion dirhams, including 170 pledges of allegiance to lands at a value of 1.89 billion dirhams and 2260 pledges of allegiance to apartments and villas at a value of 5.34 billion dirhams.
The most important land sales came with a value of 300 million dirhams in the second Al Sufouh area, followed by a pledge of 148 million dirhams in the Seih Shuaib 4 area, followed by a pledge of 128 million dirhams in the Island 2 area.
Al-Habibia 5th region topped the regions in terms of the number of pledges, as it recorded 57 pledges of allegiance at a value of 139 million dirhams, followed by the city of Hind 4, with 23 pledges of 29 million dirhams, and a third in Al-Habibia 3, with 13 pledges of 56 million dirhams.
As for the most important sales of apartments and villas, it came with a sale of 150 million dirhams in the Burj Khalifa area, as the most important sale, followed by a sale of 60 million dirhams in the Palm Jumeirah area, and finally a sale of 53 million dirhams in the second Umm Suqeim area.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 251 pledges of allegiance, at a value of 233 million dirhams, followed by the Dubai Marina area, with 231 pledges of allegiance, at a value of 891 million dirhams, and a third in Wadi Al-Safa 5, with a record of 216 pledges of allegiance, at a value of 525 million dirhams.
Mortgages recorded a value of 1.89 billion dirhams, of which 91 land mortgages amounted to 191.53 million dirhams and 446 mortgages for villas and apartments amounted to 1.7 billion dirhams, the most important of which was in the Karama region with a value of 234 million dirhams and others in the Hamriyah region with a value of 182 million dirhams.
As for donations, 144 donations were recorded, with a value of 272.69 million dirhams, the most important of which was in the Business Bay area, with a value of 48 million dirhams, and another in the Dubai Marina area, with a value of 41 million dirhams.
Friday actions
The transactions amounted to more than 1.1 billion dirhams on Friday, as 415 pledges of allegiance were recorded, at a value of 980.85 million dirhams, of which 46 pledged allegiance to land, at a value of 298.28 million dirhams, and 369 pledges of allegiance to apartments and villas, at a value of 682.57 million dirhams.
The most important land sales came with a value of 47 million dirhams in the second Hassian area, followed by a pledge of 27 million dirhams in the fourth Al Thanah area, followed by a pledge of 25 million dirhams in the Sheikh Mohammed Bin Rashid Gardens area.
The fifth area of Al-Habibiyah topped the regions in terms of the number of pledges of allegiance, as it recorded 19 pledges of allegiance at a value of 50 million dirhams, followed by the first Jebel Ali region, with 6 pledges of pledge of 25 million dirhams, and a third in Al-Habibia III, with 4 pledges of 11 million dirhams.
As for the most important sales of apartments and villas, it was a sale of 15 million dirhams in the second Al Sufouh area, as the most important sale, followed by a sale of 15 million dirhams in the first Al Khawaneej area, and finally a sale of 11 million dirhams in the Wadi Al Safa 6 area.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 58 pledges of allegiance, at a value of 48 million dirhams, followed by Wadi Al-Safa 5, with 45 pledges of 100 million dirhams, and a third in Dubai Marina, with 38 pledges of 87 million dirhams.
The mortgages recorded a value of 169.82 million dirhams, including 14 land mortgages with a value of 38.6 million dirhams and 62 mortgages for villas and apartments with a value of 131.22 million dirhams, the most important of which was in the Dubai Marina area with a value of 34 million dirhams and others in the second area of Al-Habibia with a value of 14 million dirhams.
As for donations, 6 donations with a value of 18.78 million dirhams were recorded, the most important of which was in Wadi Al-Safa 2 with a value of 10 million dirhams, and another in the Sheikh Mohammed bin Rashid Gardens area with a value of 4 million dirhams.
