916 million dirhams Dubai real estate transactions

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The value of real estate transactions in the Dubai Land Department today, Wednesday, amounted to more than 916 million dirhams, as the department witnessed the registration of 232 sales with a value of 417.62 million dirhams, including 22 sales of land with a value of 49.04 million dirhams and 210 sales of apartments and villas with a value of 368.58 million dirhams.

And the Emirates News Agency (WAM) stated that the most important land pledges came at a value of 4 million dirhams in Wadi Al-Safa 5, followed by a pledge of 3 million dirhams in the fifth Al-Thinya area, and then a pledge of 3 million dirhams in Wadi Al-Safa 2.

The third district of Al Habiya topped the regions in terms of the number of sales, with 9 sales worth 19 million dirhams, followed by Al Yafra 2 with 4 sales worth 5 million dirhams, and the third in Jebel Ali First, with 3 sales worth 7 million dirhams.

With regard to the most important sales of apartments and villas, a pledge of 14 million dirhams in the Merkadh area came as the most important pledge, followed by a pledge of 12 million dirhams in the Merkadh area, and finally a pledge of 9 million dirhams in the Palm Jumeirah area.

The Business Bay region topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 28 pledges worth 42 million dirhams, followed by Al Barsha South of the Fourth with 25 pledges of 18 million dirhams, and the third in Dubai Marina with 20 pledges worth 55 million dirhams.

Mortgages registered 361.64 million dirhams, including 8 land mortgages worth 20.5 million dirhams and 50 villas and apartments mortgages worth 341.15 million dirhams, the most important of which was in Wadi Al-Safa 3 with a value of 210 million dirhams and another in Mirdif with a value of 28 million dirhams.

While it witnessed the registration of 36 donations worth 137.17 million dirhams, the most important of which was in the Garhoud area, with a value of 80 million dirhams, and another in the Al Khawaneej First area, with a value of 13 million dirhams.

 

Source: A.S.A

The article, 916 million dirhams, the actions of Dubai real estate was written in Al Borsa newspaper.