AED 4 billion in real estate transactions in Dubai within a week

Real estate transactions in the Land and Property Department in Dubai have generated more than AED 4 billion, most notably mortgages worth AED 2.3 billion through 278 transactions.
Where the department witnessed 779 sales of AED 1.7 billion, of which 68 million were land titles valued at AED 700 million and 711 sold for apartments and villas valued at AED 1 billion.
According to a press release, MediaN has received AED 140 million in the Gulf Commercial Zone, followed by a 100 million dirham pledge in the first Dubai Investment Park area followed by a pledge of AED 60 million in Mirdif.
The first area of ​​Worsan topped the regions with a total of 7 million dirhams, followed by the first with a total of 5 million dirhams and a third in Jebel Ali, with a total of 4 million dirhams.
As for the most important sales of apartments and villas, the company has pledged AED 25 million in Palm Jumeirah as the most important pledge, followed by a pledge of AED 19 million in the Burj Khalifa area and a recent pledge of AED 11 million in Island 2.
The mortgages were valued at 2.3 billion dirhams, of which 97 plots of land valued at 2 billion dirhams and 181 villas and apartments worth 300 million dirhams, the most important in the gardens of Sheikh Mohammed bin Rashid AED 1.1 billion and the second in the first Al Barsha worth 235 million dirhams