Media ININ Economy We Trust
26-02-2019 Media in\ Dubai
The real estate transactions in the Land and Property Department in Dubai achieved more than AED 316 million. The department today recorded 135 pledges of AED 175 million, including 9 land sales amounting to AED 23 million and 126 sales of apartments and villas valued at AED 152 million.
The most important sales of land worth AED 6 million in the first Khawaneej area followed by a pledge of 4 million dirhams in the area of Wadi Safa 7 followed by a pledge of 3 million dirhams in the area of Alvferh 2.
Al-Yafra region topped the number of sales by recording 4 sales of 8 million dirhams followed by Al-Habibah 3 with sales of 5 million dirhams and 3 in Khawaneej with 1 million dirhams.
As for the most important sales of apartments and villas, it was a pledge of 4 million dirhams in Burj Khalifa as the most important sales, followed by a pledge of 3 million dirhams in the second Zabeel area and finally a pledge of 3 million dirhams in the second Zabeel area.
The Gulf Business District topped the region in terms of the number of sales of apartments and villas, with a total of 38 million dirhams, followed by Dubai Marina with 23 million dirhams, and a third in Palm Jumeirah with 16 million dirhams.
The mortgages were valued at 141 million dirhams, 12 of which were land mortgages of 119 million dirhams and 21 were villas and apartments valued at 22 million dirhams, the most important of which was in the Wasl area of 84 million dirhams and in the area of Saih Shuaib 2 worth 12 million dirhams.
