Dubai real estate transactions worth AED 5.7 billion in a week

Dubai 17-10-2019
The real estate transactions in the Dubai Land Department achieved more than AED 5.7 billion this week, with 990 sales worth AED 1.9 billion, including 119 land sales worth AED 600 million and 871 sales of apartments and villas worth AED 1.3 billion.
The most important land sales amounted to AED 211 million in Al Thanyah 5 followed by AED 15 million in Al Manara followed by AED 14 million in Palm Jumeirah.
Al Habiya was the sixth largest in terms of sales, with 35 sales worth AED 63 million, followed by Sheikh Mohammed bin Rashid Gardens with 11 sales worth AED 49 million and the third in Jebel Ali with 8 sales worth AED 18 million.
With regard to the most important sales of apartments and villas, a pledge of AED 51 million was made in Dubai Investment Park II, followed by a pledge of AED 10 million in Island 2 and finally AED 10 million in Island 2.
Airport City topped the list in terms of sales of apartments and villas with 74 sales worth AED 87 million, followed by Dubai Marina with 70 sales worth AED 129 million and third in Wadi Al Safa 5 with 64 sales worth AED 88 million.
The mortgages recorded a value of 3.8 billion dirhams, including 112 land mortgages worth 3.5 billion dirhams and 159 mortgages villas and apartments worth 300 million dirhams, the most important in the first Umm Hurair area of ​​1.2 billion dirhams and another in the second Al Sufouh area worth 495 million dirhams.