The real estate transactions at the Dubai Land Department have achieved more than 2.87 billion dirhams this week.
According to the Emirates News Agency, the department witnessed the registration of 516 swaps with a value of 1.17 billion dirhams, including 79 sales of land with a value of 538.52 million dirhams and 437 sales of apartments and villas with a value of 636.18 million dirhams.
The most important land sales came with a value of 68 million dirhams in the Dubai Maritime City area, followed by a sales of 43 million dirhams in the Island 2 region, followed by a sales of 31 million dirhams in the Merkad area.
The Palm Jumeirah area topped the regions in terms of number of sales recorded 9 sales amounting to 38 million dirhams, followed by Al-Efra 3 region with 7 sales amounting to 7 million dirhams and third in Saih Shuaib 4 recording 7 sales of 72 million dirhams.
With regard to the most important sales of apartments and villas, a sale of 23 million dirhams in the Dubai Marina area came as the most important sales, followed by a pledge of 19 million dirhams in the Burj Khalifa area, and finally a pledge of 12 million dirhams in the Dubai Marina area.
Dubai Marina area topped the areas in terms of number of sales of apartments and villas, with 75 sales sold at a value of 201 million dirhams, followed by Business Bay with 71 sales value of 89 million dirhams, and a third in Al Merkhad with 38 sales of 50 million dirhams.
The mortgages recorded a value of 1.32 billion dirhams, of which 93 are mortgages of land valued at 721.76 million dirhams and 233 mortgages for villas and apartments with a value of 594.69 million dirhams, the most important of which is the Burj Khalifa area of 392 million dirhams and another in the first al-Thanya area of 167 million dirhams.
As for the donations, 42 gifts were valued at 375.93 million dirhams, the most important of which was the first Habbiya area with a value of 255 million dirhams, and another in the Palm Jumeirah area of 51 million dirhams.
