Real estate disposal in Dubai Land Department has achieved more than 3.2 billion dirhams during the current week.
According to the Emirates News Agency, the department witnessed the registration of 946 sales transactions amounting to 1.6 billion dirhams, of which 83 were sales of land valued at 421 million dirhams and 863 sales of apartments and villas amounting to one billion and 200 million dirhams.
The most important land sales came with a value of 42 million dirhams in the Sheikh Mohammed Bin Rashid Gardens area, followed by a sale of 28 million dirhams in the Sheikh Mohammed bin Rashid Gardens area, followed by a sales of 24 million dirhams in the Satwa region.
Jebel Ali, the first region, topped the regions in terms of number of sales, with 8 sales amounting to 22 million dirhams, followed by Sheikh Mohammed bin Rashid Gardens, with 6 sales amounting to 92 million dirhams, and the third in Al Khawaneej, with 5 sales amounting to 31 million dirhams.
With regard to the most important sales of apartments and villas, a sales amount of 20 million dirhams came in the Burj Khalifa region, as the most important sales followed by a pledge of 10 million dirhams in the first Jumeirah area and finally a pledge of 10 million dirhams in the first Jumeirah region.
Dubai Marina area topped the areas in terms of number of sales of apartments and villas, recording 94 sales of 185 million dirhams, followed by Business Bay with 87 sales of 99 million dirhams, and third in Burj Khalifa with 82 sales of 170 million dirhams.
Mortgages recorded a value of 1.6 billion dirhams, of which 111 are mortgages of land worth one billion and 400 million dirhams, 215 mortgages for villas and apartments with a value of 255 million dirhams, the most important of which was in the second Al Sufouh area with a value of 277 million dirhams and another in Nad Nad Hessah with a value of 181 million dirhams.
