Weekly real estate transactions in Dubai, February 4-11 2021

Weekly real estate transactions in Dubai, February 4-11 2021

64 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million.

1,270 real estate and property transactions amounting to USD 1.2 billion in total were recorded in Dubai during the week from 4 to 11 February 2021. 64 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million.

The largest land transaction was registered in Saih Shuaib 3, standing at USD 23.6 million. It is followed by a land sold for USD 910 million in Island 2.

Nadd Al Shiba Third saw the highest number of transactions this week, which was 9 sales transactions worth USD 5.8 million. It is followed by Al Hebiah Third also with 9 sales transactions worth USD 6 million and Hadaeq Sheikh Mohammed Bin Rashid with 6 sales transactions worth USD 5.7 million completing the list.

As for apartments and villas, the top three transfers include an apartment in Marsa Dubai sold for USD 53 million, an apartment in Business Bay sold for USD 42 million and an apartment in Burj Khalifa sold for USD 26 million.

Total sum of mortgaged properties this week was USD 544 million. The highest was a land in Al Raffa, mortgaged for USD 250 million.

45 properties worth USD 53 million were granted between first-degree relatives.

Share
Subscribe to newsletter
Subscribe