Media ININ Economy We Trust
Dubai, April 10 / Real estate transactions in the Dubai Land Department today amounted to more than 1.5 billion dirhams, as the department witnessed the registration of 572 pledges of allegiance at a value of 1.18 billion dirhams, including 34 pledges of allegiance to lands, at a value of 211.26 million dirhams, and 538 pledges of allegiance to apartments and villas, at a value of 966.85 million dirhams.
The most important land sales came with a value of 39 million dirhams in the first Jumeirah region, followed by a pledge of 38 million dirhams in the Sheikh Mohammed bin Rashid Gardens area, and then a pledge of 36 million dirhams in the first Jumeirah region.
Al-Habibiya 5th district topped the regions in terms of the number of sales, as it recorded 16 sales at a value of 40 million dirhams, followed by the city of Hind 4, with 7 sales at a value of 8 million dirhams, and a third in Merkad, with 3 sales at a value of 24 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 46 million dirhams in the Palm Jumeirah area, as the most important sale, followed by the sale of 31 million dirhams in the Merkad area, and finally the sale of 26 million dirhams in the first Jebel Ali 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 148 pledges of allegiance, at a value of 125 million dirhams, followed by the Business Bay area, with 65 pledges of pledge, at a value of 76 million dirhams, and a third in Sheikh Mohammed bin Rashid Gardens, with 40 pledges of pledge at a value of 79 million dirhams.
The mortgages recorded a value of 310.59 million dirhams, of which 15 land mortgages amounted to 27.34 million dirhams and 74 mortgages of villas and apartments amounted to 283.25 million dirhams.
As for donations, 17 donations were registered, with a value of 17.44 million dirhams, the most important of which was in the Dubai Marina area, with a value of 5 million dirhams, and another in the third Al Thanyah area, with a value of 3 million dirhams.
