Dubai Land Department Real Estate Transactions Exceed 4.04 Billion Dirhams

2023-12-27 23:07:28

Yesterday, real estate transactions at the Dubai Land Department exceeded 4.04 billion dirhams. The department witnessed the recording of 494 sales worth 2.18 billion dirhams, including 48 sales of lands worth 1.09 billion dirhams, and 446 sales of apartments and villas worth 1.09 billion dirhams.

In turn, mortgages recorded a value of 1.07 billion dirhams, including 16 mortgages for land worth 701.12 million dirhams, and 85 mortgages for villas and apartments worth 372.3 million dirhams, while donations witnessed the recording of 42 donations worth 787.19 million dirhams.

The most important land sales were worth 600 million dirhams in the “Zabeel 2” area, followed by a sale worth 58.72 million dirhams in the “Saih Shuaib 4” area, then a sale worth 30.88 million dirhams in the “Palm Jebel Ali” area. “Wadi Al Safa 3” topped the regions in terms of the number of sales, having recorded 11 sales worth 136.38 million dirhams, followed by the “Al Hebiyah 5” area, recording 10 sales worth 61.07 million dirhams, and third in “Sheikh Mohammed bin Rashid Gardens” recording seven sales worth 87.93 million dirhams. One million dirhams.

A pledge of allegiance worth 31.08 million dirhams came in the “Palm Jumeirah” area as the most important sale of apartments and villas, followed by a pledge of allegiance worth 28 million dirhams in the “Al Thanya Fifth” area, and finally a pledge of allegiance worth 15.42 million dirhams in the “Dubai Marina” area.

“Al Barsha South Fourth” topped the areas in terms of the number of apartment and villa sales, recording 75 sales worth 71.33 million dirhams, followed by the “Sheikh Mohammed bin Rashid Gardens” area, recording 55 sales worth 120.26 million dirhams, then “Dubai Marina” recording 51 sales worth 298.72 million dirhams. One million dirhams.

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