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103 plots sold for USD 196 million, 1,116 apartments and villas sold for USD 588 million.
1,746 real estate and property transactions amounting to USD 1.9 billion in total were recorded in Dubai during the week from 4 March to 1 April 2021.
103 plots sold for USD 196 million, 1,116 apartments and villas sold for USD 588 million.
The largest land transaction was registered in Madinat Dubai Almelaheyah, standing at USD 57.8 million. It is followed by a land sold for USD 14 million in Hadaeq Sheikh Mohammed Bin Rashid.
Hadaeq Sheikh Mohammed Bin Rashid saw the highest number of transactions this week, which was 28 sales transactions worth USD 60 million. It is followed by Nad Al Shiba Third with 22 sales transactions worth USD 14.5 million and Al Hebiah Third with 8 sales transactions worth USD 7 million completing the list.
As for apartments and villas, the top three transfers include an apartment in Palm Jumeirah sold for USD 54.9 million, an apartment in Marsa Dubai sold for USD 51.7 million and an apartment in Burj Khalifa sold for USD 51 million.
Total sum of mortgaged properties this week was USD 1.08 million. The highest was a land in Marsa Dubai, mortgaged for USD 544 million.
86 properties worth USD 52 million were granted between first-degree relatives (an individual’s parents, siblings, children, or a fully owned company by an individual).
