Dubai records Dhs3.4 billion real estate transactions

  • Date: 07-May-2021
  • Source: Gulf Today
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Dubai records Dhs3.4 billion real estate transactions

Dubai records Dhs3.4 billion real estate transactions

5 hours ago

Picture used for illustrative purpose.

A total of 1,557 real estate and properties transactions valued at Dhs3.4 billion were registered during the week ending 6th May 2021, according to a report issued by the Dubai Land Department (DLD) on Thursday.

111 plots were sold for Dhs486.92 million, 1,027 apartments and villas were sold for Dhs1.87 billion.

The top three transactions were a land in Al Thanayah Fourth sold for Dhs37.5 million, followed by a land that was sold for Dhs37 million in Palm Jumeirah, and a land sold for Dhs37.5 million in Al Thanayah Fourth in third place.

Al Hebiah Third recorded the most transactions for this week by 30 sales transactions worth Dhs64.78 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 15 sales transactions worth Dhs121.1 million, and Nad Al Shiba First with 15 sales transactions worth Dhs37 million in third place.

The top three transfers for apartments and villas were an apartment was sold for Dhs336 million in Marsa Dubai, an apartment was second in the list sold for Dhs217 million in Palm Jumeirah, and thirdly it was a sold for Dhs129 million in Palm Jumeirah.

The sum of the amount of mortgaged properties for