Real estate in Dubai records the highest weekly sales ever at 17.8 billion dirhams

In the past week, real estate transactions in Dubai recorded more than 21.44 billion dirhams, including sales worth 17.8 billion dirhams, the highest level in a week ever after sending 5,032 deals the action.

A study conducted by “Emirates Today” based on the indicators of the “Dubai Rest” platform, linked to the Dubai Land Department, showed an increase in the value of sales by 42.6% weekly, after registering 12.48 billion dirhams.

According to the survey, “Al Yalayis 1” topped the categories, in terms of sales, with a value of 2.83 billion dirhams, due to a contract to sell a piece of land with an area of ​​30 million square feet, at a price of 94 dirhams per foot square, followed by “Dubai Investment Park II” with about 1.09 billion dirhams, thanks to 379 contracts, the third came in the area of ​​”Sheikh Mohammed bin Rashid Gardens”, with 900 million dirhams, through 349 pledges of loyalty.

The total value of the mortgage in the past week was 3.01 billion dirhams, after implementing 823 procedures, compared to the previous week, which recorded transactions worth 5.82 billion dirhams as a result of procedures- 941 jobs were implemented, and real estate grants registered around 633.05 million. dirhams, after executing 183 transactions, compared to With 746.24 million dirhams over 125 transactions. In terms of daily performance, real estate transactions in Dubai recorded around 5.3 billion dirhams at the close of business yesterday, which included sales worth more than 4.89 billion dirhams after 886 transactions were executed, while the value of mortgages was over 259 million dirhams, after implementing 121 procedures, while grants amounted to approximately 149 million dirhams, after implementing 12 transactions.

REST Dubai data showed that the number of real estate brokers in Dubai jumped by 38.8%, equivalent to 6,208 brokers to 22,208 brokers from the beginning of this year to the end of September, compared to 16,000 brokers at the end of the year – last year

• 42.6% increase in property sales in Dubai every week.