May 19, 2022

Dubai Week

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Dubai real estate transactions are 4.3 billion dirhams a day

Dubai real estate transactions are 4.3 billion dirhams a day

Today, real estate transactions in the Dubai land sector are worth over 4.3 billion dirhams.

301 Loyalty Pledges valued at 741.28 million dirhams and 233 pledges for apartments and villas valued at 567.85 million dirhams, including 68 land pledges valued at 173.43 million dirhams.

Land for sale

The most important land sale was 11 million dirhams in the “Jebel Ali First” area, followed by the sale of two 10 million dirhams each in the “Al-Marqat” area.
The “Al Habia Fifth” region tops the list with 48 pledges worth 97 million dirhams, followed by the “Jebel Ali First” section with five pledges of 21 million dirhams and the third with five pledges of five million dirhams in “Al Yafra 2”.

Sale of apartments and villas

Also in the “Al Nahda II” area came the most important pledge of 70 million dirhams, apartments and villas, followed by 30 million dirhams in the “Island 2” area and finally 20 million dirhams in the “Palm Jumeirah” area.

“Business Bay” tops the region in the number of pledges of allegiance to apartments and villas, with 42 pledges worth 55 million dirhams, followed by “Al-Marqat” with 24 pledges of 40 million dirhams, followed by “Burj Khalifa” with 16 pledges of 50 million dirhams.

Mortgages and Gifts

Mortgages recorded a value of 3.46 billion dirhams, including 15 mortgages, 3.07 billion dirhams, and 68 villas and apartments, 387.54 million dirhams.

In terms of donations, 17 donations worth 193.85 million dirhams were recorded, the most important of which was in the “Al Barsha First” area, 102 million dirhams and another in the “Palm Jumeirah” area. Million dirhams.

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