AED 2.9 billion real estate transactions in Dubai in one week



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Economy

Emirates News Agency

Thursday 2019/8/8 5:03 pm Abu Dhabi time

Dubai real estate market growth

Dubai real estate market growth

Real estate transactions in the Dubai Land Department totaled AED 2.9 billion this week, including 588 sales worth AED 1.25 billion, including 72 AED 450 million land sales and 516 AED sales. apartments and villas worth 800 million AED.

The largest land sales were AED 90 million at Al Barsha 1, followed by AED 56 million at Jumeirah First, followed by AED 37 million at Al Thanyah 5.

Jebel Ali came in top of the list in terms of sales, with 10 sales worth 18 million AED, followed by Al Habiya 3 with 7 sales worth 14 million AED and a third for Al Wafra 2 with 4 sales worth AED 7 million.

Regarding the largest sales of apartments and villas, a pledge of 29 million AED in the Burj Khalifa region followed by a pledge of 19 million AED in the region of Burj Khalifa and finally a sale of 9 million AED at Island 2.

The Dubai Marina dominated the list in terms of apartment sales and villas, with 72 sales worth AED 179 million, followed by Wadi Al Safa 5 with 46 sales of a value of 64 million from AED and a third to Al Habiya in fourth position with 38 sales worth 19 million AED.

Mortgage loans were worth A $ 1.65 billion, of which 97 A $ 1.4 billion worth of mortgages and 345 mortgages of valuable villas and apartments. of A $ 250 million.

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