Dubai records real estate transactions worth AED6.7 billion

Dubai records real estate transactions worth AED6.7 billion

The real estate and properties transactions were valued at AED6.7 billion in total during the week ending Friday, 17th June. The sum of transactions was 2,423, data released by Dubai's Land Department (DLD) showed.

The sales included 213 plots sold for AED1.03 billion, as well as 1,652 apartments and villas sold for AED3.8 billion.

The top three transactions were a land in Palm Jumeirah sold for AED53.85 million, followed by a land sold for AED45.1 million in Al Barsha First, and a land sold for AED53.85 million in Palm Jumeirah in third place.

Al Hebiah Fifth recorded the most transactions this week with 75 sales transactions worth AED161.08 million, followed by Jabal Ali First with 37 sales transactions worth AED122.87 million, and Al Merkadh with 30 sales transactions worth AED301 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED436 million in Marsa Dubai, an apartment was second in the list sold for AED431 million in Burj Khalifa, and thirdly an apartment sold for AED428 million in Palm Jumeirah.

The sum of mortgaged properties for the week was AED1.67 billion, with the highest being a land in Al Karama for AED182 million.

A hundred properties were granted between first-degree relatives worth AED235 million.

Comments
See also
  • SeaHeaven in Dubai Marina, UAE № 222805
    Distance to the sea: 1 kmCompletion year: II quarter, 2028, off-plan
    SOBHA SEAHAVEN - Dubai Marina - Dubai - UAE
    Al Khail (formerly Nakheel)
    1500m
    SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
    1200m
    DMCC (formerly Jumeirah Lakes Towers)
    2200m
    Sobha Seahaven in Dubai Sobha Seahaven in Dubai, UAE, is both an ambitious project and a brand new high-rise residential complex from the well-known construction company Sobha Realty. It will be... Details
    1 bedroom
    min. 3 397 080 AED
    2 bedrooms
    min. 6 349 940 AED
    3 bedrooms
    min. 9 558 800 AED
    4 bedrooms
    min. 22 240 845 AED
    16 properties from developer1 property from agencies
  • ANYA in Arabian Ranches 3, Dubai, UAE № 225800
    Distance to the sea: 17 kmCompletion year: IV quarter, 2026, off-plan
    388Q+QM4 - Dubai - UAE
    Al Safa (formerly Noor Bank)
    14800m
    Mall of the Emirates
    15200m
    Mashreq (formerly Sharaf DG)
    15800m
    Anya Townhouses in Dubai The amazing Anya Townhouses in Dubai, UAE, is a collection of 2-storey townhouses in landscaped Arabian Ranches 3 neighbourhood by reputable Emaar Properties developer. The... Details
    Be the first to know about objects for sale
  • NAD AL DHABI in Abu Dhabi, UAE № 224712
    Distance to the sea: 600 mCompletion year: I quarter, 2024, off-plan
    Jubail Island - Abu Dhabi - UAE
    Be the first to know about objects for sale
  • HAMMOCK PARK BY DIVINE ONE in Jebel Ali, Dubai, UAE № 448149
    Distance to the sea: 2.5 kmCompletion year: I quarter, 2027, off-plan
    24F7+R7W - Jebel Ali Village - Dubai - UAE
    Al Furjan
    4000m
    Discovery Gardens
    3500m
    The Gardens
    3000m
    Be the first to know about objects for sale