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
  • MAG 330 in Dubai Land, UAE № 222816
    Distance to the sea: 28.3 kmCompletion year: III quarter, 2025, off-plan
    E311 - City of Arabia - Dubai - UAE
    Al Safa (formerly Noor Bank)
    12500m
    Mall of the Emirates
    13200m
    Mashreq (formerly Sharaf DG)
    14000m
    Read more about this residential complex The complex will include 23 residential floors, an entire floor with a health club and 5 podium floors with a swimming pool, playgrounds and other amenities... Details
    Studios
    min. 773 000 AED
    1 bedroom
    min. 1 050 000 AED
    2 bedrooms
    min. 1 985 000 AED
    6 properties from developer3 properties from agencies
  • EMIRATES HILLS - SECTOR R in Emirates Hills, Dubai, UAE № 109556
    Distance to the sea: 4.1 kmCompletion year: II quarter, 2003, off-plan
    Emirates Hills - Dubai - UAE
    Dubai Internet City
    3800m
    Al Khail (formerly Nakheel)
    3200m
    SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
    3500m
    Be the first to know about objects for sale
  • Legado by Prescott in Jumeirah Village Circle, Dubai, UAE № 546987
    Distance to the sea: 8 kmCompletion year: IV quarter, 2027, off-plan
    26W3+FWG JVC - Jumeirah Village - Jumeirah Village Circle - Dubai - UAE
    SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
    6800m
    Al Khail (formerly Nakheel)
    6700m
    Dubai Internet City
    7000m
    1 bedroom
    min. 1 150 000 AED
    2 bedrooms
    min. 1 879 000 AED
    3 bedrooms
    min. 1 930 000 AED
    3 properties from developer
  • Lume Residence in Jumeirah Village Circle, Dubai, UAE № 577332
    Distance to the sea: 12 kmCompletion year: II quarter, 2027, off-plan
    Lazuward S W - Jumeirah Village - Jumeirah Village Circle - Dubai - United Arab Emirates
    1 bedroom
    min. 1 312 777 AED
    2 bedrooms
    min. 1 561 777 AED
    Be the first to know about objects for sale