$1.1bln in weeklong real estate transactions in Dubai

$1.1bln in weeklong real estate transactions in Dubai

287 plots were sold for 1.08 billion dirhams, while 1,059 apartments and villas were bought for 2.25 billion dirhams.

 

TOP-3 deals included a plot of land in Al Hebiah Fifth, sold for 190 million dirhams, then a plot of land that was sold for 45 million dirhams in Al Thanyah First, as well as a plot sold for 190 million dirhams in Al Hebiah Fifth.

 

Al Hebiah Fifth recorded the largest number of transactions this week, namely 222 sales transactions worth 627.48 million dirhams UAE, followed by Jabal Ali First with 11 sales transactions worth 29.28 million dirhams UAE and Hadaeq Sheikh Mohammed Bin Rashid with 9 sales transactions worth 108 million dirhams.

 

TOP-3 deals included an apartment sold for 292 million dirhams in Marsa Dubai, the second in the list is an apartment in Burj Khalifa sold for 235 million dirhams, and the third is an apartment sold for 171 million dirhams in Palm Jumeirah.

 

The amount of mortgaged real estate for the week amounted to 696.14 million dirhams. 60 properties were provided to relatives of the first degree in the amount of 143 million dirhams of the UAE.

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