AED 2.9 billion Dubai real estate transactions in a week

Dubai 08-08-2019
The real estate transactions at Dubai Land Department reached AED 2.9 billion this week, with 588 sales worth AED 1.25 billion, including 72 land sales worth AED 450 million and 516 sales of apartments and villas worth AED 800 million.
The most important land sales were AED 90 million in Al Barsha 1, followed by AED 56 million in Jumeirah First, followed by AED 37 million in Al Thanyah 5.
Jebel Ali first topped the list with 10 sales worth AED 18 million, followed by Al Habiya 3 with 7 sales worth AED 14 million and the third in Al Wafra 2 with 4 sales worth AED 7 million.
With regard to the most important sales of apartments and villas, the sale of AED 29 million in the Burj Khalifa area as the most important sales followed by a sale of AED 19 million in the Burj Khalifa area and finally a sale of AED 9 million in the island 2.
Dubai Marina topped the number of sales of apartments and villas with 72 sales worth AED 179 million, followed by Wadi Al Safa 5 with 46 sales worth AED 64 million and the third in Al Habiya fourth with 38 sales worth AED 19 million.
The mortgages recorded a value of AED 1.65 billion, of which 97 land mortgages worth 1.4 billion dirhams, 345 mortgages for villas and apartments valued at 250 million dirhams.