Friday, July 7, 2023 – 2:55 PM
Dubai, July 7, / WAM / Real estate transactions in the Dubai Land Department today amounted to more than one billion dirhams.
The department witnessed the registration of 328 pledges of allegiance, at a value of 810.12 million dirhams, including 50 pledges of allegiance to lands, at a value of 161.62 million dirhams, and 278 pledges of allegiance to apartments and villas, at a value of 648.5 million dirhams.
The most important land sales came with a value of 13 million dirhams in the first Dubai Investment Park area, followed by a pledge of 9 million dirhams in the second Al Quoz area, then a pledge of 9 million dirhams in the fourth Al Habiya area.
Al-Habibiyah 5th district topped the regions in terms of the number of sales, as it recorded 15 sales at a value of 42 million dirhams, followed by the city of Hind 4, with 13 sales at a value of 20 million dirhams, and a third in Seih Shuaib 1, with 6 sales at a value of 9 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 46 million dirhams in the Palm Jumeirah area as the most important sale, followed by the sale of 39 million dirhams in the Palm Jumeirah area, and finally the sale of 35 million dirhams in the Palm Jumeirah area.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 45 pledges of allegiance, at a value of 36 million dirhams, followed by Al-Merkadh region, with 32 pledges of allegiance, at a value of 27 million dirhams, and a third in Wadi Al-Safa 5, with 23 pledges of allegiance, at a value of 35 million dirhams.
The mortgages recorded a value of 195.24 million dirhams, including 15 mortgages for land at a value of 48.37 million dirhams and 59 mortgages for villas and apartments at a value of 146.87 million dirhams, the most important of which is in the Palm Jumeirah area at a value of 44 million dirhams and another in the Al Thanyah Fifth area at a value of 31 million dirhams.
As for donations, 10 donations were recorded, with a value of 60.59 million dirhams, the most important of which was in the Palm Jumeirah area, with a value of 29 million dirhams, and another in the Fifth District, with a value of 17 million dirhams.
Ahmed Al Botli / Halima Al Shamsi
2023-07-07 10:58:22
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