2.7 billion dirhams real estate transactions in Dubai

2024-01-29 13:54:04

Real estate transactions at the Dubai Land Department amounted to more than 2.7 billion dirhams, as the department witnessed today the recording of 684 sales worth 1.89 billion dirhams, including 50 sales of land worth 483.87 million dirhams and 634 sales of apartments and villas worth 1.41 billion dirhams.

The most important land sales came at a value of 122.31 million dirhams in the sixth Al-Habiyah area, followed by a sale worth 53.61 million dirhams in the Saih Shuaib 4 area, followed by a sale worth 30.44 million dirhams in the fourth Al-Habiyah area.

The Hind City region topped the 4 regions in terms of the number of sales, recording 18 sales worth 47.68 million dirhams, followed by the Sheikh Mohammed bin Rashid Gardens area, recording 7 sales worth 65.99 million dirhams, and a third in Al Habiyah 5, recording 3 sales worth 5.95 million dirhams.

As for the most important sales of apartments and villas, a sale worth 67.5 million dirhams came in the Al Wasl area as the most important sale, followed by a sale worth 44.49 million dirhams in the Burj Khalifa area, and finally a sale worth 43.5 million dirhams in the Al Wasl area.

The Business Bay area topped the regions in terms of the number of apartment and villa sales, recording 74 sales worth 135.12 million dirhams, followed by the Al Barsha South Fourth area, recording 70 sales worth 69.82 million dirhams, and a third in Sheikh Mohammed bin Rashid Gardens, recording 39 sales worth 86.18 million dirhams.

The mortgages recorded a value of 378.9 million dirhams, including 27 land mortgages with a value of 150.74 million dirhams and 119 mortgages for villas and apartments with a value of 228.16 million dirhams, the most important of which was in the Al Mirkadh area with a value of 60.9 million dirhams and another in the Al Barsha South Fifth area with a value of 56.12 million dirhams.

As for donations, 33 donations were recorded, worth 452.71 million dirhams, the most important of which was in Al Quoz 3, worth 175 million dirhams, and another in the first Dubai Investment Park area, worth 152.46 million dirhams.

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