Media ININ Economy We Trust
Dubai 26-09-2019
Real estate transactions in Dubai today achieved more than AED 573 million, according to the daily report of the Land Department.
According to the report, the department witnessed 176 sales of AED 330 million, of which 17 sold land worth AED 119 million and 159 sold apartments and villas worth AED 211 million.
He pointed out that the most important land sales came in the amount of 40 million dirhams in the area of Sheikh Mohammed bin Rashid Gardens followed by a pledge of 14 million dirhams in the Al Merkad area followed by a pledge of 12 million dirhams in the area of Island 2.
Sheikh Mohammed bin Rashid Gardens recorded the highest number of sales, with 3 sales worth AED 51 million, followed by Jebel Ali First with 3 sales worth AED 5 million and 3 in Al Mukarad with 2 sales worth AED 21 million.
As for the most important sales of apartments and villas, a total of AED 14 million was pledged to the Al Merkad area, followed by a total of AED 11 million in the Wadi Al Safa 3 area and a AED 7 million pledge to the Al Merkad area.
Airport City topped the list in terms of sales of apartments and villas with 23 sales worth AED 24 million, followed by Al Wasl with 17 sales worth AED 12 million and third in Burj Khalifa with 16 sales worth AED 42 million.
The mortgages recorded a value of 243 million dirhams, including 19 land mortgages worth 175 million dirhams and 36 mortgages villas and apartments worth 68 million dirhams, the most important in the region of Riggat Al Buteen worth 100 million dirhams and another in the Mirdif area of 37 million dirhams.
