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
  • Kingdom Gate in Al Furjan, Dubai, UAE № 685582
    Distance to the sea: 4.5 kmCompletion year: I quarter, 2026, off-plan
    24HR+M29 - Jebel Ali Village - Al Furjan - Dubai - UAE
    Al Furjan
    1200m
    Discovery Gardens
    800m
    The Gardens
    1600m
    1 bedroom
    min. 1 497 047 AED
    2 bedrooms
    min. 2 733 698 AED
    3 bedrooms
    min. 3 272 887 AED
    8 properties from developer
  • Maravelle Residences in Dubai, UAE № 650646
    Distance to the sea: 15 kmCompletion year: III quarter, 2028, off-plan
    Maravelle Residences - Wadi Al Safa 4 - Dubai - UAE
    Mall of the Emirates
    900m
    Umm Al Sheif (formerly First Abu Dhabi Bank)
    1600m
    Al Safa (formerly Noor Bank)
    2400m
    2 bedrooms
    min. 5 190 000 AED
    3 bedrooms
    min. 6 200 000 AED
    4 properties from developer
  • EMPIRE ESTATES in Al Barsha, Dubai, UAE № 404602
    Distance to the sea: 9.5 kmCompletion year: IV quarter, 2026, off-plan
    Empire Estates - Arjan - Dubailand - Al Barsha South - Dubai - UAE
    Al Khail (formerly Nakheel)
    8600m
    Dubai Internet City
    8000m
    Mashreq (formerly Sharaf DG)
    7800m
    Be the first to know about objects for sale
  • ARMANI BEACH RESIDENCES in Palm Jumeirah, Dubai, UAE № 372118
    Distance to the sea: 100 mCompletion year: IV quarter, 2026, off-plan
    44QW+8JX - The Palm Jumeirah - Dubai - UAE
    Mall of the Emirates
    5800m
    Mashreq (formerly Sharaf DG)
    5200m
    Dubai Internet City
    4800m
    2 bedrooms
    min. 21 000 000 AED
    3 bedrooms
    min. 32 000 000 AED
    4 bedrooms
    min. 21 500 000 AED
    5 Bedrooms
    min. 60 000 000 AED
    12 Bedrooms
    min. 340 500 000 AED
    7 properties from agencies