Real estate transactions in Dubai recorded, during last week’s transactions, about 21.67 billion dirhams, after implementing 4,599 transactions, which included sales worth 13.17 billion dirhams.
Weekly real estate sales were divided into 3,005 sales of residential units, 430 sales of buildings, and 269 sales of land, with a total of 3,704 transactions, according to data from the “Dubai Rest” application, affiliated with the Dubai Land Department.
Sales of ready properties amounted to about 6.42 billion dirhams, through the implementation of 1,252 sales, while sales of off-plan properties amounted to about 6.75 billion dirhams, through the implementation of 2,452 transactions.
Mortgages recorded 774 transactions, worth 7.09 billion dirhams, distributed over 437 transactions for residential units, 119 for buildings, and 218 for lands, while the value of gifts amounted to about 1.41 billion dirhams, with 121 transactions, distributed over 73 transactions for residential units, 16 for buildings, and 32 for lands.
The “Palm Jebel Ali” area came in the lead in terms of sales value with 1.28 billion dirhams, followed by “Umm Suqeim 1” with about 913.12 dirhams, while “Umm Suqeim 3” recorded 765.18 million dirhams.
The “Dubai Investment Park II” area came third with 589.56 million dirhams, then the “Business Bay” area came fourth, recording 487.6 million dirhams.
The “Al Yalayis 1” area ranked sixth with about 477.57 million dirhams, followed by the “Burj Khalifa” area, which recorded 363.79 million dirhams, while “Palm Jumeirah” came in eighth with 295.5 million dirhams, “Palm Deira” was ninth with 294.47 million dirhams, and the “Airport City” area came in tenth with 285.54 million dirhams. Dirham.
At the level of daily performance, real estate transactions in Dubai yesterday recorded about 2.65 billion dirhams, after implementing 668 transactions, which included sales worth 2.07 billion dirhams.
The “Dubai Maritime City” area came in the lead in terms of sales value with 140 million dirhams, followed by “Al Yalayis 1” with about 134.92 million dirhams, “Palm Jumeirah” with 110.68 million dirhams, “Jumeirah Bay” with 85 million dirhams, then the “Business Bay” area with 73.16 million dirhams.
. 3,704 sales in a week, worth 13.17 billion dirhams.
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