Media ININ Economy We Trust
Dubai, May 5 / Real estate transactions in the Dubai Land Department during the current week amounted to more than 10.4 billion dirhams, as the department witnessed the registration of 2428 pledges of allegiance, at a value of 6.3 billion dirhams, including 189 pledges of allegiance to lands, at a value of 1.19 billion dirhams, and 2239 pledges of allegiance to apartments and villas, at a value of 5.11 billion dirhams.
The most important land sales came with a value of 52 million dirhams in the fourth Al Thanyah area, followed by a pledge of 41 million dirhams in the Seih Shuaib 2 area, followed by a pledge of 35 million dirhams in the Palm Deira area.
Al-Habibiya 5th district topped the regions in terms of the number of pledges, as it recorded 63 pledges of allegiance at a value of 188 million dirhams, followed by the city of Hind 4, with 22 pledges of 29 million dirhams, and a third in Jebel Ali First, with 16 pledges of 58 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 90 million dirhams in the Merkadh area, as the most important sale, followed by the sale of 78 million dirhams in the second Jumeirah area, and finally the sale of 67 million dirhams in the Burj Khalifa area.
Dubai Marina topped the regions in terms of the number of sales of apartments and villas, as it recorded 244 pledges of allegiance, at a value of 737 million dirhams, followed by the Al Barsha area south of the fourth, with 233 pledges of allegiance, at a value of 187 million dirhams, and a third in the Business Bay, with 141 pledges of allegiance, at a value of 285 million dirhams.
The mortgages recorded a value of 3.69 billion dirhams, including 80 land mortgages with a value of 1.42 billion dirhams and 432 mortgages for villas and apartments with a value of 2.27 billion dirhams.
As for the donations, 110 donations were recorded, with a value of 496.92 million dirhams, the most important of which were in the Island 2 area, with a value of 105 million dirhams, and another in the fourth area of Al Thanyah, with a value of 70 million dirhams.
