Media ININ Economy We Trust
Dubai, April 24 / Real estate transactions in the Dubai Land Department today amounted to more than 2.2 billion dirhams, as the department witnessed the registration of 391 pledges of allegiance at a value of 1.27 billion dirhams, including 39 pledges of allegiance to lands, at a value of 291.56 million dirhams, and 352 pledges of allegiance to apartments and villas, at a value of 978 million dirhams.
The most important land sales came with a value of 32 million dirhams in the fourth Al-Habibiyah area, followed by a pledge of 23 million dirhams in the fourth Al-Habibiyah region, followed by a pledge of 22 million dirhams in the first Jebel Ali area.
Al-Habiyyah Fifth Region topped the regions in terms of the number of sales, as it recorded 11 sales at a value of 35 million dirhams, followed by the first Jebel Ali region, with 7 sales at a value of 91 million dirhams, and a third in Al-Habiyya Fourth, with 5 sales at a value of 67 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 58 million dirhams in the Palm Jumeirah area, as the most important sale, followed by the sale of 51 million dirhams in the Al Ras area, and finally the sale of 16 million dirhams in the first Jumeirah area.
Dubai Marina topped the regions in terms of the number of sales of apartments and villas, as it recorded 69 pledges of allegiance, at a value of 305 million dirhams, followed by Wadi Al-Safa 5, with 28 pledges of 51 million dirhams, and a third in Al Barsha, south of the fourth, with 25 pledges of 24 million dirhams.
The mortgages recorded a value of 950.33 million dirhams, including 12 mortgages for land at a value of 44.77 million dirhams and 47 mortgages for villas and apartments at a value of 905.56 million dirhams.
As for the donations, 14 donations were recorded, with a value of 28.56 million dirhams, the most important of which was in the third Umm Suqeim area, with a value of 9 million dirhams, and another in the fifth Al Thanyah area, with a value of 6 million dirhams.
