Real estate transactions in the Dubai Land Department during the current week amounted to more than AED 8.2 billion, where the Department witnessed the registration of 1,524 sales worth AED 5.65 billion, including 232 sales of land worth AED 2.57 billion and 1,292 sales of apartments and villas worth AED 3.08 billion.
According to the UAE news agency “WAM”, the most important land sales came at a value of AED 65.13 million in the fourth habiya area, followed by a sale of AED 56.67 million in the fourth tuck area, followed by a sale of AED 51 million in the 4th yafra area.
The Palm Jebel Ali region topped the regions in terms of the number of Sales, with 51 sales worth AED 1.19 billion, followed by the fifth habiya region with 24 sales worth AED 91.65 million, and the third in India city 4 with 21 sales worth AED 29.28 million.
As for the most important sales of apartments and villas, a sale of AED 132 million in Business Bay came as the most important sales, followed by a sale of AED 80 million in Raqqa Al Bateen area and finally a sale of AED 70.1 million in Mankhool area.
Al Barsha South topped the fourth regions in terms of the number of sales of apartments and villas, recording 137 sales worth 140.42 million dirhams, followed by Al Markad with 113 sales worth 169.15 million dirhams and the third in Burj Khalifa with 96 sales worth 289.41 million dirhams.
The mortgages recorded a value of AED 2.03 billion, including 100 mortgages of land worth AED 456.43 million and 603 mortgages of villas and apartments worth AED 1.57 billion, the most important of which were in the Business Bay Area worth AED 788.28 million and another in the Al Barsha area south of the fourth worth AED 91.93 million.
