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Real estate transactions in the Dubai Land Department amounted to more than 1.7 billion dirhams, as the department witnessed, on Thursday, the registration of 487 pledges of allegiance, at a value of 1.33 billion dirhams, including 26 pledges of allegiance to lands, at a value of 160.65 million dirhams, and 461 pledges of allegiance to apartments and villas, at a value of 1.17 billion dirhams.
The most important land sales came with a value of 59 million dirhams in the World Islands region, followed by a pledge of 36 million dirhams in the Merkadh region, followed by a pledge of 6 million dirhams in the Wadi Al-Safa 5 area.
The fifth Al-Habibiyah region topped the regions in terms of the number of sales, as it recorded 10 sales at a value of 26 million dirhams, followed by the Hind City 4 region, with 5 sales at a value of 7 million dirhams, and a third in Jebel Ali, the first, with two sales at a value of 8 million dirhams.
As for the most important sales of apartments and villas, the sale amounted to 55 million dirhams in the Palm Jumeirah area, as the most important sale, followed by the sale of 30 million dirhams in the Palm Jumeirah area, and finally the sale of 30 million dirhams in the Palm Jumeirah area.
The Business Bay region topped the regions in terms of the number of sales of apartments and villas, as it recorded 65 pledges of allegiance, at a value of 115 million dirhams, followed by the Dubai Marina region, with 48 pledges of allegiance, at a value of 179 million dirhams, and a third in Al Khairan Al-Oula, recording 43 pledges of allegiance, at a value of 95 million dirhams.
The mortgages recorded a value of 347.17 million dirhams, of which 27 land mortgages amounted to 135.6 million dirhams, and 74 mortgages for villas and apartments amounted to 211.57 million dirhams.
As for the donations, 14 donations were recorded, with a value of 58.92 million dirhams, the most important of which was in the Business Bay area, with a value of 31 million dirhams, and another in the Al Thanyah Fifth area, with a value of 14 million dirhams.
