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73 plots sold for USD 95 million, 1,080 apartments and villas sold for USD 745 million.
1,592 real estate and property transactions amounting to USD 1.6 billion in total were recorded in Dubai during the week from 23 to 30 September, 2021.
According to the Dubai Land Department's weekly report, 73 plots sold for USD 95 million, 1,080 apartments and villas sold for USD 745 million.
The largest land transaction was registered in Al Thanayah Fourth, standing at USD 16 million. It is followed by a land sold for USD 8.9 million in Al Qusais First.
Al Yufrah 3 saw the highest number of transactions this week, which was 17 sales transactions worth USD 4.2 million. It is followed by Nad Al Shiba Third with 10 sales transactions worth USD 7.6 million and Al Hebiah Third with 9 sales transactions worth USD 4.9 million completes the list.
As for apartments and villas, the top three transfers include an apartment in Marsa Dubai sold for USD 101 million, an apartment in Palm Jumeirah sold for USD 71 million and a villa in Wadi Al Safa 5 sold for USD 69 million.
Total sum of mortgaged properties this week was USD 544 million. The highest was a land in Me'Aisem First, mortgaged for USD 55 million.
71 properties worth USD 272 million were granted between first-degree relatives (an individual’s parents, siblings, children, or a fully owned company by an individual).
