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Real estate transactions in the Dubai Land Department amounted to more than 1.9 billion dirhams, as the department witnessed, on Wednesday, the registration of 505 sales at a value of 1.57 billion dirhams, including 31 sales of lands at a value of 445.47 million dirhams and 474 sales of apartments and villas at a value of 1.13 billion dirhams.
The most important land sales came with a value of 125 million dirhams in the Island 2 area, followed by a pledge of 83 million dirhams in the Dubai Maritime City area, followed by a pledge of 23 million dirhams in the Al Barsha area, south of the third.
Al Habiya Fifth District topped the regions in terms of the number of sales, as it recorded 4 sales at a value of 16 million dirhams, followed by Sheikh Mohammed bin Rashid Gardens, with 3 sales at a value of 26 million dirhams, and a third in Wadi Al Safa 5, with 3 sales at a value of 11 million dirhams.
As for the most important sales of apartments and villas, a sale of 42 million dirhams in the Dubai Marina area came as the most important sale, followed by a sale of 27 million dirhams in the Palm Jumeirah area, and finally a sale of 20 million dirhams in the Merkadh area.
Dubai Marina topped the regions in terms of the number of apartments and villas sold; As it recorded 70 pledges of allegiance, at a value of 284 million dirhams, followed by the Business Bay region, with 50 pledges of allegiance, at a value of 93 million dirhams, and a third in Al Barsha, south of the fourth, with 43 pledges of pledge of 38 million dirhams.
The mortgages recorded a value of 278.53 million dirhams, including 19 land mortgages with a value of 116.4 million dirhams and 90 mortgages for villas and apartments with a value of 162.14 million dirhams.
As for gifts; It witnessed the registration of 10 donations with a value of 48.1 million dirhams, the most important of which was in the first Jebel Ali area with a value of 35 million dirhams, and another in Wadi Al-Safa 5 with a value of 5 million dirhams.
