AED 6.6 billion Dubai real estate transactions in a week

Dubai 04-10-2019 / WAM /
The real estate transactions in the Dubai Land Department during the current week reached more than 6.6 billion dirhams.
The most important land sales were AED 198 million in Al Thanyah III followed by AED 55 million in Palm Jumeirah followed by AED 33 million in Al Thanyah IV.
HH Sheikh Mohammed Bin Rashid Gardens topped the list with 8 sales valued at AED 54 million, followed by Wadi Al Safa 5 with 8 sales valued at AED 21 million and the third in Al Khawaneej with 6 sales worth AED 17 million.
With regard to the most important sales of apartments and villas came a pledge of AED 19 million in the Burj Khalifa area as the most important sales followed by a pledge of AED 18 million in the Burj Khalifa area and finally a pledge of AED 9 million in the Burj Khalifa area.
Al Merkad topped the number of sales of apartments and villas with 137 sales valued at AED 91 million, followed by Wadi Al Safa 5 with 101 sales worth AED 146 million and third in Dubai Marina with 66 sales worth AED 123 million.
The mortgages recorded a value of 4.8 billion dirhams, of which 116 land mortgages worth 4.3 billion dirhams and 219 mortgages villas and apartments worth 500 million dirhams, the most important in the Dubai Marina area of ​​1.1 billion dirhams and another in the second Al Sufouh area worth 495 million dirhams.