Media ININ Economy We Trust
06-02-2019 Media in \Dubai
The real estate transactions in the Department of Land and Property in Dubai achieved more than AED 1.6 billion. The department today recorded 154 pledges of AED 700 million, of which 32 million plots of land were sold for AED 500 million and 122 properties sold for AED 200 million.
The most important sales of land amounted to 149 million dirhams in the fourth region of the fourth, followed by a pledge of 97 million dirhams in the first region of the fold followed by a pledge of 55 million dirhams in the area of Ras.
The fourth region of Al Thaniah was the region with the highest number of sales, with 8 sales of AED 261 million, followed by Sia Shuaib 2 with sales of AED 12 million and three in Sheikh Mohammed Bin Rashid Gardens with 3 sales worth AED 11 million.
In terms of the most important sales of apartments and villas, a total of AED 23 million was pledged in the Palm Jumeirah area as the most important pledge, followed by a pledge of AED 13 million in Burj Khalifa and a total of AED 4 million in Burj Khalifa.
The Sheikh Mohammed Gardens has the highest number of sales of apartments and villas, with a total of 20 million dirhams worth of AED 27 million, followed by Dubai Marina with 13 million dirhams and 13 million dirhams.
Mortgages were valued at 900 million dirhams, of which 28 were land mortgages valued at 850 million dirhams and 28 were villas and apartments worth 50 million dirhams, the most important of which was Burj Khalifa, valued at AED 458 million, and in the Dubai Investment Park area of AED 192 million.
