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Real Estate Transactions in Dubai Land Department Reach Six Billion Dirhams

Last week, real estate transactions at the Dubai Land Department amounted to more than six billion dirhams.

The weekly dispositions report, issued by the department yesterday, stated that 1,892 sales were recorded, worth 4.88 billion dirhams, including 152 sales of lands, worth 843.57 million dirhams, and 1,740 sales of apartments and villas, worth 4.04 billion dirhams, while mortgages were recorded at 959.92 million dirhams, and donations witnessed the recording of 79 gifts worth 4.04 billion dirhams. 191.74 million dirhams.

The most important land sales were worth 58.63 million dirhams in the Al Thanyah 4 area, followed by a sale worth 58.25 million dirhams in the Satwa area, then a sale worth 42 million dirhams in the “Wadi Al Safa 3” area.

“Al-Habiyah 5” topped the regions in terms of the number of sales, as it recorded 48 sales, worth 155.18 million dirhams, followed by the Airport City area, recording 20 sales, worth 66.12 million dirhams, and third in “Hind City 4,” recording 14 sales, worth 18.68 million dirhams.

As for the most important sales of apartments and villas, the most important sale was a sale worth 202 million dirhams in the Palm Jumeirah area, followed by a sale worth 132.03 million dirhams in the Business Bay area, and finally a sale worth 102 million dirhams in the Palm Jumeirah area.

Al Barsha South 3rd topped the regions in terms of the number of apartment and villa sales, recording 206 sales worth 182.67 million dirhams, followed by Al Barsha South 4th, recording 201 sales worth 186.62 million dirhams, and third in Al Mirkadh, recording 160 sales worth 293.98 million dirhams.

2023-09-08 22:07:15
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