AED 2.2 billion real estate transactions in Dubai in one week



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Over the past week, real estate transactions in Dubai's land and real estate department have grown by over AED 2.2 billion, with 632 pledges totaling $ 1.2 billion. AED, of which 156 for 600 million dirhams and 156 for apartments and villas.

The largest land sales were AED 110 million in the Wadi Al Safa region 5, followed by a commitment of AED 24 million in the fourth Tanniyah area, followed by a commitment of $ 22 million. from AED in the Palm Jumeirah area.

With regard to sales of the most important apartments and villas, a total amount of AED 16 million was pledged in the Burj Khalifa area, the largest having been followed by a pledge of 15 million AED in the business district of Gulf Business and finally a pledge of 8 million AED in the Dubai Marina area.

Mortgages were valued at 1 billion dirhams, of which 99 were land mortgages valued at 700 million dirhams and 143 were villas and apartments valued at 300 million dirhams, the largest in Wadi Al Safa 7 with a value of 151 million dirhams.

The actions of yesterday

Real estate transactions in the Dubai Real Property and Property Department amounted to more than AED 430 million yesterday, with a total of 122 land worth AED 353 million, of which 23 were land for 230 million AED and 99 million for apartments and villas worth AED 123 million.

The largest land sales were AED 110 million in Wadi Al-Safa 5, followed by a pledge of AED 22 million in the Palm Jumeirah area, followed by a commitment of AED 17 million. to Oud Metha.

Mortgages were valued at AED 77 million, of which 20 were AED 53 million property loans and 24 villas and apartments worth $ 24 million. AED, the most important being the Palm Jumeirah area of ​​12 million AED.

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