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AED 1.5 billion in real estate transactions in Dubai

Media In – Dubai March 14, 2018

Real estate transactions in the Land and Property Department in Dubai achieved more than 1.5 billion dirhams, the most prominent of which were mortgages worth AED 1.1 billion through 69 transactions.
With a total value of AED 400 million, of which 17 million are land for AED 200 million and 147 million for villas and villas worth 200 million dirhams.
The most important land sales were AED 85 million in the Burj Khalifa area followed by a pledge of AED 52 million in Al Barsha area in the fourth south followed by a pledge of AED 7 million in the Mankhool area.
The first area of ​​Worsan topped the regions with a total of 4 million dirhams, followed by Jumeirah 1 with 2 million dirhams and 3 in Safa 2 with 2 million dirhams.
As for the most important sales of apartments and villas, a total of AED 20 million was pledged in the Burj Khalifa area as the most important pledge, followed by a pledge of AED 4 million in the subsistence area and finally a pledge of AED 3 million in the Dubai Marina area.
The mortgages were valued at 1.1 billion dirhams, of which 29 plots of land worth 1 billion dirhams and 40 villas of villas and apartments worth 100 million dirhams, the most important in the center of the first commercial center value of 300 million dirhams and the other in the Burj Khalifa area worth 263 million dirhams

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