3 billion dirhams property transactions in Dubai within a week

Dubai 29-08-2019
The real estate transactions at Dubai Land Department reached more than 3 billion dirhams, with 701 sales worth AED 1.4 billion, including 93 land sales worth AED 600 million and 608 sales of apartments and villas worth AED 800 million.
The most important land sales were AED 131 million in Al Qusais Industrial Area 2, followed by AED 44 million in Al Quoz 2 followed by AED 42 million in Dubai Maritime City.
The Jebel Ali first topped the number of sales with 24 sales worth AED 44 million, followed by Al Habiya 3 with 7 sales worth AED 17 million and the third at Dubai Investment Park with 7 sales worth AED 12 million.
As for the most important sales of apartments and villas, a total of AED 17 million was sold at Palm Jumeirah, followed by a sale of AED 8 million in Island 2 and finally AED 7 million in Jumeirah 1.
Dubai Marina topped the list in terms of sales of apartments and villas with 80 sales worth AED 165 million, followed by Burj Khalifa with 43 sales worth AED 83 million and third in the first two lagoons with 42 sales worth AED 57 million.
The mortgages recorded a value of 1.6 billion dirhams, including 104 land mortgages valued at 1.3 billion dirhams and 182 mortgages villas and apartments worth 300 million dirhams, the most important in Port Said area worth 624 million dirhams and the other in the first Al Barsha worth AED 158 million.