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Real estate transactions in the Dubai Land Department amounted to more than 12.7 billion dirhams. This week, the department witnessed the registration of 2,330 sales worth 6.89 billion dirhams, including 306 sales of land, worth 1.72 billion dirhams, and 2024 sales of apartments and villas, with a value of 5.18 billion dirhams.
The most important land sales of AED 158 million were in the Palm Jumeirah area, followed by a pledge of AED 123 million in the Palm Jumeirah area, followed by a pledge of AED 104 million in the Me’aisam area.
The Fifth Al Habiya area topped the regions in terms of the number of allegiances, with 103 pledges worth 276 million dirhams, followed by Jebel Ali First area with 92 pledges worth 273 million dirhams, and the third in Al Yafra 2 with 28 pledges of 37 million dirhams.
As for the most important sales of apartments and villas, a pledge of 95 million dirhams in the Karama area came, followed by a pledge of 78 million dirhams in the fourth Al Thanyah area, and finally a pledge of 58 million dirhams in the Palm Jumeirah area.
The Business Bay region topped the regions in terms of the number of sales of apartments and villas, with 238 pledges worth 400 million dirhams, followed by the Palm Jumeirah area with 207 pledges of one billion dirhams, and the third in Dubai Marina with 182 pledges worth 648 million dirhams.
Mortgages amounted to 5.48 billion dirhams, including 146 land mortgages worth 4.59 billion dirhams and 279 mortgages of villas and apartments worth 893.72 million dirhams.
As for the donations, 69 donations worth 333.27 million dirhams were registered, the most important of which were in the Al Bateen area with a value of 117 million dirhams and another in the Sabkha area with a value of 35 million dirhams.
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On Friday, real estate transactions amounted to more than 1.7 billion dirhams, as the department witnessed the registration of 216 sales with a value of 543.61 million dirhams, of which 28 were pledged to land, with a value of 91.55 million dirhams, and 188 sales for apartments and villas, with a value of 452.06 million dirhams.
The most important land sales of 12 million dirhams came in the Sheikh Mohammed bin Rashid Gardens area, followed by a pledge of 9 million dirhams in the fifth Al-Habieh area, followed by a 7 million dirhams pledge in the Mamzar area.
The Fifth Al Habiya area topped the regions in terms of the number of allegiances, with 17 pledges worth 48 million dirhams, followed by the Third Al Habiya area with 3 pledges of 11 million dirhams, and the third in Al Yafra 3 with 2 pledges of two million dirhams.
As for the most important sales of apartments and villas, a pledge of 12 million dirhams was pledged in the Palm Jumeirah area as the most important pledge, followed by an pledge of 11 million dirhams in the Palm Jumeirah area, and finally a pledge of 11 million dirhams in the Palm Jumeirah area.
The Palm Jumeirah area topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 26 pledges worth 150 million dirhams, followed by Dubai Marina with 15 pledges of 37 million dirhams, and the third in Business Bay, with 14 pledges of 15 million dirhams.
Mortgages amounted to 1.17 billion dirhams, including 21 mortgages of land worth 1.07 billion dirhams and 52 mortgages of villas and apartments worth 100.4 million dirhams.
As for the donations, 10 donations worth 11.6 million dirhams were registered, the most important of which were in the second Al Khawaneej area, with a value of 5 million dirhams, and another in the Dubai Marina area, with a value of 3 million dirhams.
