Dubai, March 6 (BNA): The total value of real estate and real estate deals amounted to 7 billion dirhams during the week ending March 4, 2022, according to the Dubai Land Department.
The weekly report of the Department of Lands and Properties stated that the total number of transactions amounted to 2,131 transactions.
229 plots of land were sold at a value of 1.44 billion dirhams, and 1,455 apartments and villas were sold at a value of 3.29 billion dirhams.
The three largest deals were a plot of land sold in Dubai Marina for Dh412.95 million, followed by land sold for Dh60.89 million in Al Wasl, and land sold for Dh412.95 million in Dubai Marina in third place, Emirates News Agency (WAM) reported. mentioned.
Al Habiya Fifth recorded the largest number of transactions this week, as it recorded 90 sales deals worth 203.19 million dirhams, followed by Jebel Ali First with 29 sales deals worth 97.55 million dirhams, and Wadi Al-Safa 5 with 22 sales deals worth 109 million dirhams in third place.
The top three movers for apartments and villas were an apartment sold for AED 545 million in Palm Jumeirah, the second-highest apartment on the list, sold for AED 289 million in Dubai Marina, and third, an apartment sold for AED 261 million in Palm Jumeirah area. Goodness first.
The total value of mortgaged properties for this week amounted to 2.17 billion dirhams, the highest of which was a plot of land in Sheikh Mohammed bin Rashid Gardens mortgaged at 529 million dirhams.
59 properties were awarded between first-degree relatives, valued at Dh164 million.
FA