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According to the Dubai Land Department, 2,593 transactions worth 7.4 billion dirhams were made in the Dubai real estate market in the week ending September 2, 2022.
According to these data, 1,720 apartments and villas were sold for 3.55 billion dirhams, while 320 plots were sold for 1.75 billion dirhams.
The three best deals concerned the sale of land in Saih Shuaib 3 for 168 million dirhams, Island 2 for 115 million dirhams and Saih Shuaib 4 for 78 million dirhams.
With 107 purchase and sale transactions totaling 329.68 million dirhams this week, the largest number of transactions were made in Al Hebiah Fifth, followed by Jabal Ali First with 60 transactions totaling 193.85 million dirhams, and Nad Al Shiba First with 41 transactions totaling 205 million dirhams in third place.
The top three apartment and villa sales leaders included an apartment in Marsa Dubai, which was sold for 776 million dirhams, an apartment in Business Bay, which was sold for 367 million dirhams, and an apartment in Burj Khalifa, which was sold for 303 million dirhams.
The total value of the mortgaged property for the week was 1.24 billion dirhams, while the apartment in Business Bay received the highest mortgage amount of 198 million dirhams.