54 plots of land were sold for USD 53.1 million; 802 apartments and villas were sold for USD 383.8 million.
1,332 real estate and property transactions worth USD 912 million in total were registered in Dubai during the week from January 28 to February 4, 2021.
54 plots were sold for USD 53.1 million; 802 apartments and villas were sold for 383.8 million.
The largest sales transactions were a land in Al Thanayah Fourth sold for USD 10 million followed by a land in Al Barsha South Fifth that was sold for USD 4.6 million.
The highest number of transactions during the week was recorded in Nadd Al Shiba Third with 20 sales transactions amounting to USD 13 million. Al Yufrah 2 came second with 12 sales transactions worth USD 3 million. It is followed by Hadaeq Sheikh Mohammed Bin Rashid that had 5 sales transactions worth USD 11.1 million.
As for apartments and villas, the most expensive unit was an apartment sold for USD 39.2 million in Business Bay. Next on the list was an apartment in Marsa Dubai sold for USD 37.5 million. And a unit in Palm Jumeirah sold for USD 26 million was third among the top three.
Total sum of mortgaged properties for the week was USD 272 million. The highest was a land in Um Hurair First, mortgaged for USD 76.2 million.
98 properties worth USD 87.9 million were granted between first-degree relatives.