Home / Finance & Business / Economic Indicators / 2.5 billion Dubai real estate transactions, including 151 million for two apartments in Palm Jumeirah and Al Thanyah Fourth

2.5 billion Dubai real estate transactions, including 151 million for two apartments in Palm Jumeirah and Al Thanyah Fourth

Yesterday, real estate transactions in Dubai recorded 2.5 billion dirhams, with 744 pledges of allegiance at a value of 2 billion dirhams, including 56 pledges of allegiance to land, at a value of 435.15 million dirhams, and 688 pledges of allegiance to apartments and villas, at a value of 1.56 billion dirhams. The most important land sales amounted to 89 million dirhams in Wadi Al-Safa 3. Al-Habibia topped the fifth regions in terms of the number of sales, with 15 pledges of allegiance, at a value of 42 million dirhams.

Al Barsha South, the fourth district, topped the number of sales of apartments and villas, recording 76 sales at a value of 63 million dirhams, mortgages recording 542.55 million dirhams, and 27 donations at a value of 31.3 million dirhams. The actions included selling an apartment worth 100 million dirhams in the Six Senses Residences project on Palm Jumeirah. The apartment has an area of 26,513 square feet and includes 5 rooms.

The project is located in the western crescent of Palm Jumeirah, and it is the first for a group of luxury hotels and apartments that carry the “Six Senses” brand to the UAE.

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