Media ININ Economy We Trust
Dubai, February 17 / 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 2087 pledges of allegiance, at a value of 6.05 billion dirhams, including 221 pledges of allegiance to lands, at a value of 1.42 billion dirhams, and 1866 pledges of allegiance to apartments and villas, at a value of 4.63 billion dirhams.
The most important land sales came with a value of 150 million dirhams in the Business Bay area, followed by a pledge of 75 million dirhams in the Business Bay area, and then a pledge of 51 million dirhams in the Palm Deira area.
The fifth region of Al-Habibiyah topped the regions in terms of the number of pledges, as it recorded 126 pledges of allegiance, at a value of 440 million dirhams, followed by the fourth region of Al-Habibia, with 20 pledges of pledge at a value of 213 million dirhams, and a third in Jebel Ali, the first, with 10 pledges of 28 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 160 million dirhams in the Island 2 area, as the most important sale, followed by the sale of 155 million dirhams in the Dubai Marina area, and finally the sale of 123 million dirhams in the Al Barsha area, south of the third.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 236 pledges of allegiance, at a value of 195 million dirhams, followed by the Dubai Marina area, with 169 pledges of allegiance, at a value of 697 million dirhams, and a third in Al Khairan Al Ola, with 137 pledges of allegiance, at a value of 296 million dirhams.
The mortgages recorded a value of 3.55 billion dirhams, including 57 land mortgages with a value of 1.72 billion dirhams and 306 mortgages for villas and apartments with a value of 1.83 billion dirhams.
As for donations, 252 donations were registered, with a value of 810.73 million dirhams, the most important of which was in the Dubai Marina area, with a value of 216 million dirhams, and another in the Al Barsha area, south of the fourth, with a value of 111 million dirhams.
