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146 plots sold for USD 615 million, 1,080 apartments and villas sold for USD 612 million.
1,667 real estate and property transactions amounting to USD 2.5 billion in total were recorded in Dubai during the week from 27 August to 2 September, 2021.
146 plots sold for USD 615 million, 1,080 apartments and villas sold for USD 612 million.
The largest land transaction was registered in Marsa Dubai, standing at USD 179 million. It is followed by a land sold for USD 88 million in Al Murqabat.
Jabal Ali First saw the highest number of transactions this week, which was 40 sales transactions worth USD 24 million. It is followed by Ras Al Khor with 30 sales transactions worth USD 187 million and Wadi Al Safa 5 with 14 sales transactions worth USD 18 million completes the list.
As for apartments and villas, the top three transfers include an apartment in Marsa Dubai sold for USD 62 million, an apartment in Burj Khalifa sold for USD 53 million and an apartment in Business Bay sold for USD 44 million.
Total sum of mortgaged properties this week was USD 1.08 billion. The highest was a land in Al Kheeran, mortgaged for USD 544 million.
61 properties worth USD 127 million were granted between first-degree relatives (an individual’s parents, siblings, children, or a fully owned company by an individual).
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