Media ININ Economy We Trust
Media In – Dubai, February 27, 2018
Real estate transactions in the Land and Property Department in Dubai have achieved more than AED 361 million
With a total value of AED 192 million, of which AED 8 million was sold for AED 39 million and 146 million dirhams were sold for apartments and villas worth AED 153 million.
The most important sales of land amounted to AED 17 million in the Wadi Al Safa 3 area followed by a pledge of AED 8 million in the area of the land, followed by a pledge of AED 5 million in the Al Barsha area.
The region of Al Safa 3 was the highest in terms of number of sales, with a total of 1 million dirhams, followed by Muhaisnah 1 with a pledge of 2 million dirhams and a third in Worsan Al-Oula with 1 million dirhams.
As for the most important sales of apartments and villas, it was a pledge of AED 8 million as the most important selling area in the area, followed by a pledge of 4 million dirhams in the first Nad Al Sheba area and finally a pledge of 4 million dirhams in Al Wasl area.
The mortgages were valued at AED 169 million, of which 20 were land plots valued at AED 109 million and 52 were villas and apartments worth AED 60 million. The most important of these was the second Dubai Investment Park area of AED 40 million and the AED 24 million in Al Muraqqabat area.
