1.33 billion dirhams of Dubai real estate transactions in a week

Dubai, April 30, 2020 and mother

Real estate activities in the Department of Lands and Properties in Dubai achieved more than 1.33 billion dirhams this week. The Department witnessed the registration of 287 sales of 568.18 million dirhams, of which 34 were land sales of 182.6 million dirhams, and 253 sales of apartments and villas amounted to 385.59 million dirhams. The most important land sales came with a value of 18 million dirhams in the fourth fold, followed by a sale of 14 million dirhams in the Merkadh area, followed by a 12 million dirham sale in the Merkadh region. Al-Merkadh area topped the regions in terms of the number of sales, as it recorded 7 sales amounting to 79 million dirhams, followed by Wadi Al-Safa 6, with 3 sales amounting to 10 million dirhams and a third in Jebel Ali, with 3 sales amounting to 4 million dirhams. And in relation to the most important sales of apartments and villas A pledge of AED 29 million in the Palm Jumeirah area came as the most important sales, followed by a pledge of 13 million dirhams in the Burj Khalifa area and finally a pledge of 7 million dirhams in Island 2. The Dubai Marina region topped the regions in terms of number of sales of apartments and villas, recording 53 sales of 114 million Dirham followed by Business Bay A total of 28 sales of 34 million dirhams, and a third in Al Barsha, south of the fourth, with 21 sales of 14 million dirhams. Mortgages recorded a value of 689.42 million dirhams, including 39 mortgages of land valued at 603.21 million dirhams, 77 mortgages for villas and apartments with a value of 86.21 million dirhams, the most important of which was in the Business Bay area of ​​302 million dirhams, and another in Umm al-Sheif, with a value of 111 million dirhams. The donations witnessed the registration of 18 donations, at a value of 72.25 million dirhams, the most important of which was in Al Barsha, south of the fourth area, with a value of 51 million dirhams, and another in the Nad Al Hamar region, with a value of 8 million dirhams.