Media ININ Economy We Trust
Dubai, March 10 / Real estate transactions in the Dubai Land Department today amounted to more than 1.2 billion dirhams, as the department witnessed the registration of 318 pledges of allegiance, at a value of 925.51 million dirhams, including 45 pledges of allegiance to lands, at a value of 263.88 million dirhams, and 273 pledges of allegiance to apartments and villas, at a value of 661.63 million dirhams.
The most important land sales came with a value of 46 million dirhams in the second Jebel Ali Industrial Area, followed by a pledge of 26 million dirhams in the Sheikh Mohammed bin Rashid Gardens area, and then a pledge of 25 million dirhams in the first Warsan area.
Al-Habibiya 5th district topped the regions in terms of the number of sales, as it recorded 17 sales at a value of 49 million dirhams, followed by the Airport City area, with 7 sales at a value of 25 million dirhams, and a third in Jebel Ali, the first, with 4 sales at a value of 14 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 25 million dirhams in the Palm Jumeirah area, as the most important sale, followed by the sale of 20 million dirhams in the Palm Jumeirah area, and finally the sale of 17 million dirhams in the Palm Jumeirah area.
Dubai Marina topped the regions in terms of the number of sales of apartments and villas, as it recorded 37 sales, at a value of 126 million dirhams, followed by the Al Barsha area south of the Fourth, with 31 sales at a value of 28 million dirhams, and a third in Al Lifra 1, with 17 sales at a value of 31 million dirhams.
The mortgages recorded a value of 264.85 million dirhams, including 10 land mortgages at a value of 17.44 million dirhams and 42 mortgages for villas and apartments at a value of 247.4 million dirhams.
As for donations, 11 donations were registered, with a value of 49.84 million dirhams, the most important of which was in the Palm Jumeirah area, with a value of 24 million dirhams, and another in the Business Bay area, with a value of 14 million dirhams.
