Media ININ Economy We Trust
Dubai 26-08-2019
The real estate transactions in Dubai Land Department reached more than 1.2 billion dirhams. Today, the Department witnessed 161 sales worth AED 300 million, of which 20 land sales worth AED 100 million and 141 sales of apartments and villas worth AED 200 million.
The most important land sales were AED 16 million in Island 2 followed by AED 9 million in Palm Jumeirah followed by AED 3 million in Sheikh Mohammed Bin Rashid Gardens.
The Jebel Ali first topped the list in terms of sales, with 11 sales worth AED 21 million, followed by Al Habiya III with 2 sales worth AED 6 million and a third in Wadi Al Safa 5 with AED 2 million.
As for the most important sales of apartments and villas, a total of AED 17 million was sold at Palm Jumeirah, followed by AED 9 million in the Burj Khalifa area and AED 4 million in Dubai Marina.
Burj Khalifa also led the number of sales of apartments and villas with 31 sales worth AED 57 million, followed by the World Islands with 15 sales worth AED 24 million and a third in Sheikh Mohammed Bin Rashid Gardens with 13 sales worth AED 18 million.
The mortgages recorded a value of 900 million dirhams, including 16 land mortgages worth 860 million dirhams and 24 villas and apartments worth 40 million dirhams.
