February 7, 2023

Dubai Week

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Emirates News Agency – 9.9 billion dirhams in Dubai real estate transactions in a week

DUBAI, July 1 / WAM / The Dubai real estate sector was up 9.9 billion dirhams this week as the sector recorded 2,369 sales worth 5.89 billion dirhams, including 379 land sales. 1.63 billion dirhams and apartments and villas sold in 1990 for 4.26 billion dirhams.

The most important land sale was 80 million dirhams in the Palm Jumeirah area, followed by 59 million dirhams in the Saih Shuaib 3 area, followed by a pledge of 46 million dirhams in the fourth Al Thanyah area.

Al Habia Fifth District came in first with 205 pledges worth 463 million dirhams, Jebel Ali in the first place with 68 pledges, Al Habiyah fourth with 21 pledges worth 211 million dirhams. 207 million dirhams.

As for the most important sale of apartments and villas, the most important pledge was 73 million dirhams in the Palm Jumeirah area, followed by 57 million dirhams in the first part of Al Sufou. Finally 50 million dirhams was promised in the Island 2 area.

The Burj Khalifa area topped the list of allegiance pledges for apartments and villas, recording 297 pledges worth 686 million dirhams, followed by Dubai Marina with 197 pledges of 549 million dirhams and third place in a business pavilion with 192 pledges of 276 million dirhams.

Mortgages were valued at 2.72 billion dirhams, of which 53 mortgages were 507.69 million dirhams and 422 mortgage villas and apartments were worth 2.23 billion dirhams.

In terms of donations, 144 donations worth 1.35 billion dirhams were recorded, the most important of which were 171 million dirhams in the Al-Fida region and another 155 million dirhams in Hamriyah.

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