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AED 976 million property transactions in Dubai

Media In – Dubai February 7, 2018

Real estate transactions in the Land and Property Department in Dubai achieved more than AED 976 million, with a total value of AED 553 million, of which 15 plots of land were sold for AED 391 million and 146 million for villas and villas valued at AED 162 million.
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 fifth region of Al-Thiena was the second largest region in terms of number of sales, with 2 million dirhams, followed by Worsan Al-Oula with 1 million dirhams and 3 in Khawaneej with 1 million dirhams.
As for the most important sales of apartments and villas, they have pledged AED 25 million in Palm Jumeirah as the most important sales, followed by a pledge of AED 4 million in the first Dubai Investment Park area and a total of AED 4 million in the Gulf Trade Zone.
The mortgages were valued at AED 423 million, of which 18 plots of land valued at AED 368 million and 26 villas of villas and apartments valued at AED 55 million were the most important of which was AED 130 million in Al Barsha and AED 100 million in Umm Hurair.

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