Home / News / UAE / AED 632 million property transactions in Dubai

AED 632 million property transactions in Dubai

Media In – Dubai 25 March 2018

Real estate transactions in the Land and Property Department in Dubai achieved more than AED 632 million.
With a total of AED 225 million, of which 13 million were sold for land and 121 million dirhams were sold for apartments and villas worth AED 104 million.
The most important land sales were AED 40 million in the Mirdif area, followed by a pledge of AED 23 million in the area of ​​the land, followed by a pledge of AED 14 million in the Wadi Al Safa area.
The Safa 2 region topped the number of sales by 3 million dirhams, followed by Wadi Al Safa 3 with a total of 2 million dirhams and a third in Khawaneej with a total of 2 million dirhams.
As for the most important sales of apartments and villas, they have pledged AED 6 million in Dubai Marina as the most significant sales, followed by a pledge of AED 4.6 million in the Dubai Marina area and a recent pledge of AED 3 million in the Burj Khalifa area.
The mortgages were valued at 407 million dirhams, of which 30 plots of land valued at 332 million dirhams and 50 villas of villas and apartments worth 75 million dirhams, the most important in Al-Marar area of ​​86 million dirhams and the other in Hor Al Anz East, worth 48 million dirhams.

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 …