Media ININ Economy We Trust
Dubai, April 6 / Real estate transactions in the Dubai Land Department today amounted to more than 2.3 billion dirhams, as the department witnessed the registration of 502 pledges of allegiance, at a value of 1.44 billion dirhams, including 37 pledges of allegiance to lands, at a value of 340.65 million dirhams, and 465 pledges of allegiance to apartments and villas, at a value of 1.1 billion dirhams.
The most important land sales came with a value of 150 million dirhams in the fourth Al Thanyah area, followed by a pledge of 44 million dirhams in the Al Barsha area, south of the fourth, followed by a pledge of 14 million dirhams in the Al Barsha area, south of the fourth.
The city of Hind 4 topped the regions in terms of the number of sales, as it recorded 10 sales at a value of 13 million dirhams, followed by the fifth district of Al Hebiya, with 6 sales at a value of 14 million dirhams, and a third in Al Hebiya, the fourth, with 6 sales at a value of 51 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 170 million dirhams in the Wadi Al-Safa 3 area, as the most important sale, followed by the sale of 28 million dirhams in the Palm Jumeirah area, and finally the sale of 20 million dirhams in the Dubai Marina area.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 68 pledges of allegiance, at a value of 57 million dirhams, followed by the first area of Khairan, with 33 pledges of 73 million dirhams, and a third in Dubai Marina, with 31 pledges of 111 million dirhams.
The mortgages recorded a value of 898.52 million dirhams, including 17 land mortgages at a value of 29.82 million dirhams and 78 mortgages for villas and apartments at a value of 868.7 million dirhams.
As for donations, 13 donations with a value of 21 million dirhams were recorded, the most important of which was in the Business Bay area with a value of 9 million dirhams, and another in the Burj Khalifa area with a value of 4 million dirhams.
