7.2 billion dirhams in one-week real estate transactions in Dubai
(MENAFN – Khaleej Times)
With a sum of 1,944 transactions, real estate and property transactions in Dubai were valued at 7.2 billion dirhams in total during the week ending September 9, 2021, according to the weekly report released Thursday by the Dubai Land Department. (DLD).
In total, 111 plots were sold for Dh486.58 million, while 1371 apartments and villas were sold for Dh2.73 billion.
The three main deals were land on Island 2 sold for Dh59 million, followed by land that was sold for Dh 51 million on Island 2, and land sold for Dh59 million on Dh. island 2 in third place.
Al Hebiah Third recorded the highest number of deals this week with 28 sell deals worth Dh70.99million, followed by Al Yufrah 3 with 22 sell deals worth Dh23.32million. Dh, and Saih Shuaib 1 with eight sales transactions worth Dh 8 million in third place.
The top three transfers of apartments and villas were one apartment sold for Dh 395million in Business Bay, one apartment was second on the list sold for Dh200million in Marsa Dubai, and third, they were an apartment sold for 183 million Dh in Burj Khalifa.
The sum of the amount of mortgaged properties for the week was 3 billion Dh, the highest being land in Al Raffa, mortgaged for 420 million Dh. In addition, 73 properties were granted between first-degree relatives for a value of 827 million dirhams.
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