Media ININ Economy We Trust
September 9th
Real estate transactions at the Dubai Land Department amounted to more than 6 billion dirhams. During one week, the department witnessed 1,892 sales sales worth 4.88 billion dirhams, including 152 sales of land worth 843.57 million dirhams, and 1,740 sales of apartments and villas worth 4.04 billion dirhams.
The most important land sales were worth 58.63 million dirhams in the Al Thanyah 4 area, followed by a sale worth 58.25 million dirhams in the Satwa area, followed by a sale worth 42 million dirhams in the Wadi Al Safa 3 area.
Al Habiyah 5 topped the regions in terms of the number of sales, recording 48 sales worth 155.18 million dirhams, followed by the Airport City area, recording 20 sales worth 66.12 million dirhams, and a third in Hind City 4, recording 14 sales worth 18.68 million dirhams.
As for the most important sales of apartments and villas, the most important sale was a sale worth 202 million dirhams in the Palm Jumeirah area, followed by a sale worth 132.03 million dirhams in the Business Bay area, and finally a sale worth 102 million dirhams in the Palm Jumeirah area.
The Al Barsha South Third area topped the regions in terms of the number of apartment and villa sales, recording 206 sales worth 182.67 million dirhams, followed by the Al Barsha South Fourth area, recording 201 sales worth 186.62 million dirhams, and a third in Al Mirkadh, recording 160 sales worth 293.98 million dirhams.
Mortgages
The mortgages recorded a value of 959.92 million dirhams, including 45 land mortgages worth 101.67 million dirhams and 335 mortgages on villas and apartments worth 858.25 million dirhams, the most important of which was in the Al Sufouh II area worth 200 million dirhams and another in the Dubai Marina area worth 98.66 million dirhams.
As for donations, 79 donations were recorded, worth 191.74 million dirhams, the most important of which was in the Business Bay area, worth 48.58 million dirhams, and another in the Dubai Marina area, worth 22.41 million dirhams.
Real estate transactions at the Dubai Land Department amounted to more than 814 million dirhams, as the department witnessed yesterday the registration of 334 sales worth 666.06 million dirhams, including 40 sales of land worth 150.56 million dirhams and 294 sales of apartments and villas worth 515.5 million dirhams.
Land sales
The most important land sales came at a value of 19.49 million dirhams in the fifth Al-Habiyah area, followed by a sale worth 17.46 million dirhams in the third Al-Habiyah area, followed by a sale worth 8.75 million dirhams in the fourth Al-Habiyah area.
The Al Habiyah 5 region topped the regions in terms of the number of sales, recording 24 sales worth 94.1 million dirhams, followed by the Airport City area, recording 5 sales worth 16.3 million dirhams, and a third in Hind City 4, recording two sales worth 2.09 million dirhams.
As for the most important sales of apartments and villas, the Palm Jumeirah area accounted for the 3 most important sales, the first worth 19.8 million dirhams, followed by a sale worth 17 million dirhams, and finally a sale worth 17 million dirhams.
The Al Barsha South Third area topped the regions in terms of the number of apartment and villa sales, recording 79 sales worth 60.39 million dirhams, followed by the Business Bay area, recording 24 sales worth 52.42 million dirhams, and a third in Al Barsha South Fourth, recording 21 sales worth 26.31 million dirhams.
The mortgages recorded a value of 119.34 million dirhams, including 3 land mortgages worth 4.51 million dirhams and 51 mortgages on villas and apartments worth 114.83 million dirhams, the most important of which was in the Burj Khalifa area with a value of 29.55 million dirhams and another in the Palm Jumeirah area with a value of 18.95 million dirhams.
