Summary of weekly real estate transactions for the week ending 20 July 2023

Summary of weekly real estate transactions for the week ending 20 July 2023

Dubai: The real estate and properties transactions valued at AED 9.9 billion in total during the week ending 20 July 2023. The sum of transactions was 3,030. 378 plots were sold for AED 3 billion, 2,124 apartments and villas were sold for AED 5.13 billion. The top three transactions were a land in Wadi Al Safa 7 sold for AED 285 million, followed by a land that was sold for AED 68.34 million in Al Goze Second, and a land sold for AED 66.54 million in Al Goze Second in third place. Al Hebiah Fifth recorded the most transactions for this week by 133 sales transactions worth AED 362.59 million, followed by Al Goze Second with 67 sales transactions worth AED 1.35 billion, and Madinat Hind 4 with 49 sales transactions worth AED 73 million in third place. The top three transfers for apartments and villas were a was sold for AED 175 million in Business Bay, a was second in the list sold for AED 97 million in Al Nahda First, and thirdly it was a sold for AED 90 million in Al Nahda Second. The sum of the amount of mortgaged properties for the week was 1.53 billion,