Media ININ Economy We Trust
Dubai, April 12 / Real estate transactions in the Dubai Land Department today amounted to more than 1.2 billion dirhams, as the department witnessed the registration of 440 pledges of allegiance at a value of 1.1 billion dirhams, including 39 pledges of allegiance to lands, at a value of 320.23 million dirhams, and 401 pledges of allegiance to apartments and villas, at a value of 778.34 million dirhams.
The most important land sales came with a value of 91 million dirhams in the Al Barsha area, south of the fourth, followed by a pledge of 43 million dirhams in the Al Barsha area, south of the third, followed by a pledge of 26 million dirhams in the Sheikh Mohammed bin Rashid Gardens area.
Al-Habibiya 5th district topped the regions in terms of the number of sales, as it recorded 9 sales at a value of 20 million dirhams, followed by Hind City 4, with 4 sales at a value of 5 million dirhams, and a third in Jebel Ali, the first, with 3 sales at a value of 10 million dirhams.
With regard to the most important sales of apartments and villas, there was a sale of 23 million dirhams in the Burj Khalifa area, as the most important sale, followed by a sale of 21 million dirhams in the Dubai Marina area, and finally a sale of 16 million dirhams in the Dubai Marina 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 49 pledges of allegiance, at a value of 48 million dirhams, followed by Sheikh Mohammed bin Rashid Gardens, with 42 pledges of 94 million dirhams, and a third in Dubai Marina, with 34 pledges of 137 million dirhams.
The mortgages recorded a value of 153.86 million dirhams, including 17 mortgages for land at a value of 19.73 million dirhams and 76 mortgages for villas and apartments at a value of 134.13 million dirhams.
As for donations, 12 donations were recorded, with a value of 25.55 million dirhams, the most important of which was in the Business Bay area with a value of 7 million dirhams, and another in the Dubai Marina area with a value of 6 million dirhams.
