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AED 4.5 billion of weeklong real estate transactions in Dubai

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AED 4.5 billion of weeklong real estate transactions in Dubai

July 2, 2021
in Business, Dubai, UAE
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AED 4.5 billion of weeklong real estate transactions in Dubai
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A total of 2,020 real estate and property deals worth AED 4.5 billion recorded during the week ending 01 July 2021, as per the Dubai Land Department (DLD).

The DLD weekly report said 119 plots were sold for AED 845.1 million, 1,321 apartments and villas were sold for AED 2.25 billion.

The main three transactions were land in Marsa Dubai sold for AED 125 million, then comes a land sold for AED 57 million in Al Thanayah Fourth, and land sold for AED 125 million in Marsa Dubai in third place.

Al Hebiah Third reported that most deals for this week by 20 deals worth AED 61.81 million, then comes Hadaeq Sheikh Mohammed Bin Rashid with 12 deals worth AED 139.68 million, and Jumeirah First with 14 deals worth AED 106 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 298 million in Marsa Dubai, an apartment was second in the list sold for AED 264 million in Al Merkadh, and thirdly it was an apartment sold for AED 233 million in Palm Jumeirah.

The total amount of mortgaged properties for the week was 1 billion, with the highest being land in Al Goze Fourth, mortgaged for AED 139 million.

124 properties were granted between first-degree relatives worth AED 230 million.

Tags: DubaiInvestmentPropertyReal EstateTransactionsUAEWeeklong Real Estate Transactions

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