Media ININ Economy We Trust
Media in\ Dubai 20-02-2019
The real estate transactions in the Dubai Land Department have generated more than AED1.1 billion, with a total of 187 million shares worth AED 400 million, of which 16 million are land for sale and 171 million for apartments and villas worth AED 300 million.
The most significant land sales were AED 15 million in Jebel Ali, followed by a 14 million dirham pledge in Nad Al Hammar followed by a pledge of AED 10 million in the Al Mutaina area.
Sheikh Mohammed’s gardens topped the region with a total sales of AED 7 million, followed by Wadi Al Safa 7 with a pledge of AED 3 million and a third in the fourth plot with a pledge of AED 2 million.
As for the most important sales of apartments and villas, a pledge of 41 million dirhams in the island of 2 as the most important sales followed by a pledge of 11 million dirhams in the Burj Khalifa and finally a pledge of 7 million dirhams in the area of †<†<the toilet.
The Palm Jumeirah region topped the sales of apartments and villas with 23 sales of AED 40 million, followed by the Gulf Business Zone with 17 million AED 16 million and the third with 16 million AED.
Mortgages were valued at AED 700 million, of which 26 were land mortgages valued at AED 680 million and 27 were villas and apartments valued at AED 20 million, the most important of which was in Al Qouz Al Oula area of AED 497 million and in the Muraqqabat area of AED 90 million.
