Real estate activities in the Department of Lands and Properties in Dubai achieved more than 4.5 billion dirhams during the past week.
According to the Emirates News Agency, the department witnessed 1091 sales transactions amounting to 2.8 billion dirhams, including 99 sales of lands amounting to 1.4 billion dirhams, and 992 sales of apartments and villas worth 1.4 billion dirhams.
The most important sales of land came with a value of 300 million dirhams in the second Umm Hurair region, followed by a pledge of 89 million dirhams in the Dubai Maritime City area, followed by a pledge of 73 million dirhams in the second Jumeirah area.
The third Al Habiya region topped the regions in terms of number of sales, with 14 sales pledging 44 million dirhams, followed by Wadi Al Safa 4 with 14 sales amounting to 553 million dirhams, and a third in Sheikh Mohammed bin Rashid Gardens with 5 sales amounting to 21 million dirhams.
With regard to the most important sales of apartments and villas, a sales amount of 21 million dirhams came in the Burj Khalifa region, as the most important sales were followed by a pledge of 19 million dirhams in the Burj Khalifa area, and finally a pledge of 11 million dirhams in the Burj Khalifa region.
Burj Khalifa topped the regions in terms of number of sales of apartments and villas, recording 152 sales of 337 million dirhams, followed by Al Barsha in the south of the fourth with 142 sales of 173 million dirhams, and third in Merkad with 89 sales of 85 million dirhams.
Mortgages recorded a value of 1.7 billion dirhams, including 136 mortgages for lands valued at 1.5 billion dirhams, 174 mortgages for villas and apartments with a value of 172 million dirhams, the most important of which was in the fourth Al Quoz region with a value of 200 million dirhams and another in the second Al Nahda region with a value of 150 million dirhams.
