2023-12-13 14:04:04
Real estate transactions at the Dubai Land Department amounted to more than 2.3 billion dirhams, as the department witnessed today the registration of 652 sales worth 1.91 billion dirhams, including 71 sales of land worth 394.01 million dirhams and 581 sales of apartments and villas worth 1.52 billion dirhams. The most important land sales were worth 41.61 million dirhams in the Palm Jebel Ali area, followed by a sale worth 40.5 million dirhams in the Al Mirkadh area, followed by a sale worth 37.83 million dirhams in the first Jebel Ali area.
The Wadi Al Safa 2 region topped the regions in terms of the number of sales, recording 34 sales worth 22.57 million dirhams, followed by the first Jebel Ali area, recording 6 sales worth 56.6 million dirhams, and a third in Palm Jebel Ali, recording 4 sales worth 110.13 million dirhams.
As for the most important sales of apartments and villas, a sale worth 66 million dirhams came in the Al Thanyah 4 area as the most important sale, followed by a sale worth 46.5 million dirhams in the Palm Jumeirah area, and finally a sale worth 31.26 million dirhams in the Dubai Marina area. The Dubai Marina area topped the regions in terms of the number of apartment and villa sales, recording 72 sales worth 410.35 million dirhams, followed by the Business Bay area, recording 48 sales worth 109.03 million dirhams, and third in Al Mirkadh, recording 40 sales worth 56.29 million dirhams.
The mortgages recorded a value of 357.65 million dirhams, including 18 land mortgages with a value of 81.34 million dirhams and 123 mortgages for villas and apartments with a value of 276.31 million dirhams, the most important of which was in the Airport City area with a value of 39.49 million dirhams and another in the Al Mirkadh area with a value of 32.73 million dirhams. As for donations, 82 donations were recorded, worth 110.91 million dirhams, the most important of which was in the Al Qusais 5th Industrial Area, worth 29.64 million dirhams, and another in the Wadi Al Safa 3 area, worth 23.6 million dirhams.
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