5.1 billion dirhams, sales of apartments and villas in Dubai during the “Palm Jumeirah” week recorded three sales of 194 million dirhams

Real estate transactions in the Dubai Land Department amounted to more than 10.7 billion dirhams, as the department recorded during the week 2419 pledges of allegiance at a value of 6.38 billion dirhams, including 158 pledges of allegiance to lands at a value of 1.27 billion dirhams, and 2261 pledges of allegiance to apartments and villas at a value of 5.11 billion dirhams. The most important land sales came with a value of 157 million dirhams in the first area of Khairan, followed by a pledge of 67 million dirhams in the Island 2 region, followed by a pledge of 59 million dirhams in the World Islands region.

The fifth Al-Habibiyah region topped the regions in terms of the number of pledges, as it recorded 52 pledges of pledge of allegiance at a value of 165 million dirhams, followed by the city of Hind 4, with 21 pledges of pledge of 27 million dirhams, and a third in Jebel Ali First, with 14 pledges of pledge of 60 million dirhams. As for the most important sales of apartments and villas, the “Palm Jumeirah” area recorded 3 sales with a value of 194 million dirhams, through a sale of 82 million dirhams, the second with 57 million dirhams and the third with a value of 55 million dirhams.

Regions

Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 320 pledges of allegiance, at a value of 285 million dirhams, followed by the first area of Al Khairan, with 245 pledges of allegiance, at a value of 572 million dirhams, and a third in Dubai Marina, with 191 pledges of allegiance, at a value of 646 million dirhams.

The mortgages recorded a value of 3.8 billion dirhams, including 99 land mortgages at a value of 851.3 million dirhams, and 394 mortgages for villas and apartments at a value of 2.94 billion dirhams, the most important of which was in Port Saeed at a value of 624 million dirhams, and another in the first trade center area at a value of 397 million dirhams. As for donations, 123 donations were recorded, with a value of 596.6 million dirhams, the most important of which was in the Business Bay area, with a value of 300 million dirhams, and another in the first Al Sufouh area, with a value of 116 million dirhams.

2.2 billion dirhams Friday’s actions

On Friday, real estate transactions amounted to more than 2.2 billion dirhams, with 386 pledges of allegiance at a value of 1.21 billion dirhams recorded, including 27 pledges of allegiance to land at a value of 130.15 million dirhams, and 359 pledges of allegiance to apartments and villas at a value of 1.08 billion dirhams. The most important land sales came with a value of 24 million dirhams in the Palm Deira area, followed by a pledge of 23 million dirhams in the Sheikh Mohammed bin Rashid Gardens area, followed by a pledge of 14 million dirhams in the Sheikh Mohammed bin Rashid Gardens area.

The fifth Al-Habibiyah region topped the regions in terms of the number of sales, as it recorded 8 sales at a value of 19 million dirhams, followed by the Airport City region, with 6 sales at a value of 20 million dirhams, and a third in the city of Hind 4, with 4 sales at a value of 6 million dirhams. As for the most important sales of apartments and villas, there were 3 sales in Palm Jumeirah, with values of 82 million dirhams, 53 million dirhams and 53 million dirhams.

The Business Bay region topped the regions in terms of the number of sales of apartments and villas, as it recorded 49 pledges of allegiance, at a value of 137 million dirhams, followed by the Al Barsha area south of the fourth, with 43 pledges of allegiance, at a value of 42 million dirhams, and a third in the Sheikh Mohammed bin Rashid Gardens, with 37 pledges of allegiance, at a value of 95 million dirhams.

The mortgages recorded a value of 988.46 million dirhams, including 11 land mortgages with a value of 16.51 million dirhams, and 85 mortgages for villas and apartments with a value of 972 million dirhams, the most important of which was in the Great Market area with a value of 300 million dirhams, and another in the Hor Al Anz area with a value of 170 million dirhams. As for donations, 15 donations were recorded, with a value of 30.26 million dirhams, the most important of which was in Wadi Al-Safa 3, with a value of 23 million dirhams, and another in Warsan Al-Awwal, with a value of 5 million dirhams.