AED 1.5 Billion Dubai Property Value Today – Last Dubai



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Dubai, October 30, 2005 (WAM) – Property practices of the land department have been implemented
And real estate in Dubai more than 1.5 billion dirhams, including 1.3 mortgage loans
Billions of dirhams through 46 procedures.

Today, the Department has registered 112 contributions of 200 million AED.
16 lots for 90 million dirhams and 96 apartments and villas for sale
100 million AED.

The largest land sales amounted to 17 million dirhams in the Wadi Safa region
3 followed by a commitment of 12 million AED to Nad Al-Hamar, followed by a loyalty
AED 8 million worth in Wadi Al Safa 3.

The area of ​​Wadi Safa 3 zones in terms of number of sales, recording 3
Sales of 33 million AED, followed by Nad Al Sheba,
AED 9 million sales and one-third in the third batch by recording
Sold for 4 million AED.

Sales of the largest apartments and villas amounted to 4 million euros.
Dirhams in the first Nad Al-Shaba as the largest sales, followed by a pledge of 4
Millions in the port area of ​​Dubai and finally a pledge of 4 million AED
Burj Khalifa region.

Burj Khalifa was the region with the highest number of sales of apartments and villas
A total of 14 million dirhams were recorded, followed by Worsan I
With a total of 11 million dirhams and a third in Dubai Marina with 11
A pledge of 15 million of AED.

Mortgage loans were valued at AED 1.3 billion, of which 20 were real estate loans worth 1.2
Billions of dirhams and 26 villas and mortgage apartments worth 100 million dirhams and the largest area
Sheikh Mohammed Bin Rashid Gardens for AED 1.1 billion and another in the Al Nahda area
The first of 40 million worth of AED.

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