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119 plots sold for USD 378 million, 1,081 apartments and villas sold for USD 582 million.
1,610 real estate and property transactions amounting to USD 1.4 billion in total were recorded in Dubai during the week from 9 to 16 September, 2021.
119 plots sold for USD 378 million, 1,081 apartments and villas sold for USD 582 million.
The largest land transaction was registered in Palm Jumeirah, standing at USD 138 million. It is followed by a land sold for USD 18 million in Saih Shuaib 2.
Al Hebiah Third saw the highest number of transactions this week, which was 20 sales transactions worth USD 16 million. It is followed by Al Yufrah 2 with 15 sales transactions worth USD 4.9 million and Hadaeq Sheikh Mohammed Bin Rashid with 14 sales transactions worth USD 68 million completes the list.
As for apartments and villas, the top three transfers include an apartment in Marsa Dubai sold for USD 73.7 million, an apartment in Palm Jumeirah sold for USD 73.5 million and an apartment in Burj Khalifa sold for USD 54 million.
Total sum of mortgaged properties this week was USD 544 million. The highest was a land in Al Safouh Second, mortgaged for USD 87 million.
93 properties worth USD 75 million were granted between first-degree relatives (an individual’s parents, siblings, children, or a fully owned company by an individual).
