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Real estate transactions in the Dubai Land Department amounted to more than 3.7 billion dirhams.
The department witnessed the registration of 613 pledges of allegiance at a value of 1.82 billion dirhams, including 69 pledges of land at a value of 656.79 million dirhams, and 544 pledges of allegiance to apartments and villas at a value of 1.16 billion dirhams.
The most important land sales came with a value of 65 million dirhams in the fourth Al-Habibiyah area, followed by a pledge of 64 million dirhams in the fourth Al-Habibiyah region, followed by a pledge of 37 million dirhams in the Sheikh Mohammed bin Rashid Gardens area.
The second district of Al Quoz topped the regions in terms of the number of sales, as it recorded 15 pledges of allegiance at a value of 125 million dirhams, followed by the fifth region of Al-Hubiya, with 12 pledges of 41 million dirhams, and a third in the city of Hind 4, with 10 pledges of 14 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 29 million dirhams in the Palm Jumeirah area, as the most important sale, followed by the sale of 29 million dirhams in the Palm Jumeirah area, and finally the sale of 27 million dirhams in the Al Wasl area.
Al-Merkadh area topped the regions in terms of the number of sales of apartments and villas, as it recorded 106 sales at a value of 95 million dirhams, followed by the Business Bay area, with 51 sales at a value of 132 million dirhams, and a third in Al Barsha, south of the fourth, with 42 sales at a value of 33 million dirhams.
The mortgages recorded a value of 975.3 million dirhams, of which 16 land mortgages amounted to 146.31 million dirhams and 87 mortgages of villas and apartments amounted to 828.99 million dirhams.
As for donations, 26 donations were recorded, with a value of 915 million dirhams, the most important of which was in the fourth district of Al-Habibiyah, with a value of 899 million dirhams, and another in the Burj Khalifa area, with a value of 5 million dirhams.
