Thursday, July 18, 2024

8.75 billion dirhams in real estate sales in Dubai in less than a week

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Real estate transactions in Dubai’s land sector last week totaled more than 11.7 billion dirhams.

The weekly transaction report released by the department yesterday recorded 1,655 sales worth Dh8.75 billion, including 277 sales of land worth Dh5.15 billion and 1,378 sales of apartments and villas worth Dh3.6 billion and mortgages. 2.34 billion dirhams and donations 128 donations worth 624.74 million dirhams were recorded. Dubai Maritime City area recorded two important land sales, the first for AED 505.94 million, the second for AED 347.45 million, followed by the Burj Khalifa area for AED 180 million.

“Palm Jebel Ali” topped the regions in terms of number of sales, recording 92 sales worth 2.15 billion dirhams, followed by “Hind City 4” region, recording 46 sales worth 79.58 million dirhams and Al Habiya 5 ranked third. , recorded 31 sales worth Dhs 163.18 million.

As for the most prominent sales of apartments and villas, Palm Jumeirah area sold 112.5 million dirhams, followed by two sales in First Jabeel area, the first sale worth 106.75 million dirhams and the second worth 103.25 million dirhams.

“Al Barsha South Fourth” tops the regions for the number of apartment and villa sales, recording 120 sales worth 106.59 million dirhams, followed by the Burj Khalifa area, recording 109 sales worth 391.71 million dirhams and ranked third in “Business Bay”. It recorded 108 sales worth Dh189.38 million.

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Bill Dittman
Bill Dittman
"Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator."

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