Media ININ Economy We Trust
Dubai 10-04-2019 / WAM
Real estate transactions in the Dubai Land Department today achieved more than AED 3.6 billion, with 169 sales worth AED 350 million, including 17 land sales worth AED 160 million and 152 sales of apartments and villas worth AED 190 million.
The most important land sales amounted to AED 33 million in Al Thanyah IV followed by AED 23 million in Al Manara followed by AED 17 million in Satwa.
Al Mamzar topped the list in terms of sales, with 3 sales worth AED 14 million, followed by Sheikh Mohammed Bin Rashid Gardens with 2 sales worth AED 26 million and a third in Nad Al Sheba First with 2 sales worth AED 4 million.
With regard to the most important sales of apartments and villas, a pledge of AED 8 million in the Burj Khalifa area, followed by a pledge of AED 6 million in Jumeirah 2 and finally AED 6 million in the Sheikh Mohammed Bin Rashid Gardens area.
Wadi Al Safa topped the list in terms of sales of apartments and villas, with 21 sales worth AED 29 million, followed by Business Bay with 21 sales worth AED 20 million and third in the first two lagoons with 16 sales worth AED 20 million.
The mortgages recorded a value of 3.25 billion dirhams, including 26 land mortgages worth 2.9 billion dirhams and 57 mortgages villas and apartments worth 350 million dirhams, the most important in the Dubai Marina area of 1.1 billion dirhams and another in the second Al Sufouh area worth 495 million dirhams
