Media ININ Economy We Trust
10-02-2019 Media in\ Dubai
The real estate transactions in the Dubai Land Department have recorded more than AED 543 million, with 158 properties sold for AED 470 million, of which 16 million were sold for land and 235 million dirhams were sold for apartments and villas worth 235 million dirhams.
The most important sales of land amounted to 119 million dirhams in the area of Wadi Safa 5 followed by a pledge of 22 million dirhams in the region of the first and followed by a pledge of 16 million dirhams in the area of Umm Suqeim first.
The Sheikh Mohammed Gardens area topped the number of sales with 5 sales of AED 26 million followed by Wadi Al Safa 3 with sales of AED 10 million and a third in Jebel Ali, with sales of AED 4 million.
In terms of the most important sales of apartments and villas, a total of AED 16 million was pledged at Palm Jumeirah as the most important pledge, followed by a pledge of AED 15 million in the Gulf Business District and finally a pledge of AED 6 million in the first Khairan area.
The Dubai Marina area topped the region with the highest number of sales of apartments and villas, with 30 sales of AED 56 million, followed by the first Khairan area with a total of 14 million dirhams and a third in the fifth fold of 12 million dirhams.
Mortgages were valued at AED 73 million, of which 13 mortgages were valued at AED 36 million and 31 were mortgaged for villas and apartments valued at AED 37 million, the most important of which was AED 16 million at the first Dubai Investment Park and AED 9 million in Burj Khalifa.
