March 23, 2023

Dubai Week

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Emirates News Agency - China's economy returned to a relatively slow pace in July

Emirates News Agency – 7.4 billion dirhams in Dubai real estate transactions in a week

DUBAI, Dec 9 / WAM / Dubai The real estate transactions in the land sector this week were over 7.4 billion dirhams as the sector recorded 1,644 sales worth 4.15 billion dirhams, of which 113 were allocated to land. 606.56 million dirhams and 1,531 dirhams for apartments and villas, 3.54 billion dirhams.

The most important land guarantees were 58 million dirhams in Sheikh Mohammed bin Rashid’s estates, followed by 45 million dirhams in the Palm Jumeirah area, followed by 33 million dirhams in Sheikh Mohammed bin Rashid’s estates.

The Jebel Ali First Region tops the list with 28 pledges worth 87 million dirhams, followed by Al Yafra Part 2 with 13 pledges of 16 million dirhams and Sheikh Mohammed bin Rashid Gardens with 11 pledges in third place. 203 million dirhams.

As for the most important sale of apartments and villas, the most important pledge was 43 million dirhams in the Palm Jumeirah area, followed by the second Jumeirah pledge of 31 million dirhams and finally 30 pledges. Millions of dirhams in the third Umm Suqeim area.

The Business Bay region ranks first in the region in the number of loyalties for apartments and villas, with 166 loyalties worth 241 million dirhams, followed by the Dubai Marina with 133 pledges for 355 million dirhams, and Al Habia in fourth place. With 106 pledges of 173 million dirhams.

Mortgages are valued at 3.01 billion dirhams, of which 78 mortgages are 685.09 million dirhams and 248 mortgage villas and apartments are 2.33 billion dirhams.

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Of the donations, 107 donations worth 266.54 million dirhams were recorded, the most important of which was in Island 2, 115 million dirhams, and another in the Burj Khalifa area, 27 million dirhams. .

Wam / Halima Al Shamsi / Emad Al Ali