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204 plots sold for USD 262 million, 1,163 apartments and villas sold for USD 593 million.
1,367 real estate and property transactions amounting to USD 1.19 billion in total were recorded in Dubai during the week from 12 to 19 August, 2021.
204 plots sold for USD 262 million, 1,163 apartments and villas sold for USD 593 million.
The largest land transaction was registered in Jumeirah First, standing at USD 10 million. It is followed by a land sold for USD 8.7 million in Al Nahda First.
Jabal Ali First saw the highest number of transactions this week, which was 78 sales transactions worth USD 74.8 million. It is followed by Al Hebiah Third with 37 sales transactions worth USD 21 million and Hadaeq Sheikh Mohammed Bin Rashid with 19 sales transactions worth USD 51 million completes the list.
As for apartments and villas, the top three transfers include an apartment in Palm Jumeirah sold for USD 81 million, aт apartment in Marsa Dubai sold for USD 235 million and an apartment in Wadi Al Safa 5 sold for USD 50 million.
Total sum of mortgaged properties this week was USD 271 million. The highest was a land in Al Barsha South Fourth, mortgaged for USD 87 million.
66 properties worth USD 93 million were granted between first-degree relatives (an individual’s parents, siblings, children, or a fully owned company by an individual).
