Media ININ Economy We Trust
Media In – Dubai February 1, 2018
Real estate transactions in the Land and Property Department in Dubai achieved more than AED 3.3 billion, the most prominent of which were mortgages amounting to AED 1.9 billion through 308 transactions.
With a total of 798 shares sold, worth AED 1.4 billion, of which AED 87 million were sold for land and AED 711 million were sold to apartments and villas for AED 1 billion.
The most important sales of land amounted to 46 million dirhams in the first Al Barsha, followed by a pledge of 25 million dirhams in the area of Al Satoh followed by a pledge of 25 million dirhams in Al Barsha area south of the third.
The third area of Al Habiyah was the region with 11 million sales, followed by Worsan Al-Oula with 6 million dirhams and a third in Maisam with 6 million dirhams.
In terms of the most important sales of apartments and villas, it was a pledge of AED 27 million at Palm Jumeirah as the most important pledge, followed by a pledge of AED 13 million in the Dubai Marina area and finally a pledge of AED 12 million in the Dubai Marina area.
The mortgages were valued at 1.9 billion dirhams, of which 122 were land mortgages valued at 1.6 billion dirhams and 186 villas were villas and apartments worth 300 million dirhams, the most important in the second area of the second and 667 million dirhams in the second area of Al Barsha south of the second value of 231 million dirhams.
