Media ININ Economy We Trust
Media IN Dubai, 17-05-2019 WAM
Real estate transactions in the Dubai Land Department have generated more than AED 2.9 billion. Last week, the department recorded 827 shares worth AED 1.6 billion, 79 of which were land for 700 million dirhams, 748 for apartments and villas worth 900 million dirhams.
In the weekly report, the Department said that the most important land sales were valued at AED 74 million in the second industrial zone of Al Quoz, followed by a pledge of AED 72 million in the second Dubai Investment Park area, followed by a pledge of AED 68 million in Jebel Ali Industrial Area I.
Al Safa 6 area topped the number of sales with eight sales of AED 35 million and Sheikh Mohammed Gardens with eight sales of AED 73 million.
In terms of the most important sales of apartments and villas, a total of AED 63 million was pledged in the Burj Khalifa area as the most important pledge, followed by a pledge of AED 14 million in the area of the garage and finally a pledge of AED 13 million in the first Jumeirah area.
