Home / ALL / AED 4.7 billion in Dubai property transactions in a week

AED 4.7 billion in Dubai property transactions in a week

04-04-2019 Media in\ Dubai
The real estate transactions in the Department of Land and Property in Dubai during the current week amounted to more than AED 4 billion and 774 million dirhams. The department registered 676 pledges of two billion and 996 million dirhams, of which 74 land plots worth 496 million dirhams and 602 sold apartments and villas worth two billion and 500 million AED.
The most important sales of land amounted to 110 million dirhams in the area of ​​land, followed by a pledge of 33 million dirhams in the Jebel Ali industrial area first followed by a pledge of 18 million dirhams in the region of Jadaf.
The third area of ​​Al-Habia was in terms of number of sales, with 9 sales of 25 million dirhams, followed by Jebel Ali region with 6 sales of 21 million dirhams and 3 in Safa 7 with 5 sales worth 23 million dirhams.
As for the most important sales of apartments and villas, a total of AED 575 million was pledged in the Burj Khalifa area as the most important pledge, followed by a pledge of 460 million dirhams in the Dubai Marina area and a total of AED 410 million in the Burj Khalifa area.
The Gulf Business District topped the region with sales of 85 million dirhams, followed by Dubai Marina with 58 shares sold and AED 578 million, with a total of 57 million dirhams.
Mortgages were valued at AED 1 billion and 778 million, of which 73 were subject to land with a value of AED 1 billion and AED 400 million and 134 were subject to villas and apartments valued at AED 378 million, the most important of which was Dhs 380 million and Dhs 274 million.

About Admin 02

Check Also

Mansour bin Zayed chairs Mubadala Investment’s Board of Directors meeting

ABU DHABI, 23rd January, 2024 (WAM) His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice …