Real estate transactions in the Dubai Land Department recorded 4.5 billion dirhams last week, with 1,689 sales recorded at 3.57 billion dirhams, of which 252 were pledged to lands, with a value of 1.1 billion dirhams, and 1,437 sales to apartments and villas, with a value of 2.47 billion dirhams.
The most important land sales worth 60 million dirhams came in the Palm Jumeirah area Al-Habiya topped the fifth regions in terms of the number of salesWhere it recorded 90 pledges of 202 million dirhams, and Al-Markadh topped the regions in terms of the number of sales of apartments and villas with 307 sales of 246 million dirhams.
Mortgages recorded 955.1 million dirhams, including 48 land mortgages with 294.56 million dirhams and 305 mortgages of villas and apartments with 660.54 million dirhams. The donations witnessed the registration of 56 gifts worth 54.07 million dirhams.