Home » today » News » Real Estate Transactions in the Dubai Land Department: Record-breaking 9.9 Billion Dirhams and Significant Sales in Wadi Al-Safa 7 and Business Bay

Real Estate Transactions in the Dubai Land Department: Record-breaking 9.9 Billion Dirhams and Significant Sales in Wadi Al-Safa 7 and Business Bay

Real estate transactions in the Dubai Land Department amounted to more than 9.9 billion dirhams, as the department witnessed this week recording 2502 pledges of allegiance at a value of 8.14 billion dirhams, including 378 pledges of allegiance to lands at a value of 3 billion dirhams, and 2124 pledges of allegiance to apartments and villas at a value of 5.13 billion dirhams.
The most important land sales amounted to 285 million dirhams in the Wadi Al-Safa 7 area, followed by a sale of 68 million dirhams in the second Al Quoz area.
The fifth region of Al-Habibiyah topped the regions in terms of the number of pledges, as it recorded 133 pledges of allegiance, at a value of 363 million dirhams, followed by the second region of Al-Quoz, with 67 pledges of pledge of one billion dirhams.
With regard to the most important sales of apartments and villas, a sale of 175 million dirhams came in the Business Bay area as the most important sale, followed by a sale of 97 million dirhams in the first area of ​​Al Nahda.
Al Barsha, south of the fourth district, topped the areas in terms of the number of sales of apartments and villas, as it recorded 207 sales at a value of 189 million dirhams, followed by the Dubai Marina area, with 158 sales at a value of 660 million dirhams.
Mortgages recorded a value of 1.53 billion dirhams, including 75 mortgages for land at a value of 428.09 million dirhams and 390 mortgages for villas and apartments at a value of 1.1 billion dirhams. As for the donations, 63 donations were recorded, with a value of 264.56 million dirhams, the most important of which was in the fourth Al Thanyah area, with a value of 65.22 million dirhams.

2023-07-20 15:01:20
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