Real estate disposal in Dubai Land Department has achieved more than 5.3 billion dirhams this week.
According to the Emirates News Agency, the department witnessed the registration of 1045 sales of 2.1 billion dirhams, of which 124 were sales of land of 800 million dirhams, and 921 sales of apartments and villas valued at 1.3 billion dirhams.
The most important land sales came with a value of 100 million dirhams in the Al Mamzar area, followed by a pledge of 51 million dirhams in the second Jumeirah area, followed by a pledge of 36 million dirhams in the first Warsan area.
Al-Wasl was the highest in terms of number of sales, with 13 sales amounting to 58 million dirhams, followed by Sheikh Mohammed bin Rashid Gardens, with 10 sales amounting to 50 million dirhams, and third in Jebel Ali, with 8 sales amounting to 22 million dirhams.
With regard to the most important sales of apartments and villas, a sales of 14 million dirhams in the Dubai Marina area came as the most important sales followed by a pledge of 13 million dirhams in the Dubai Marina area, and finally a pledge of 13 million dirhams in the Island 2. area.
Dubai Marina area topped the areas in terms of number of sales of apartments and villas, with 126 sales sold at 323 million dirhams, followed by the Business Bay area, with 85 sales amounting to 111 million dirhams, and a third in Al Barsha South, with 67 sales amounting to 80 million dirhams.
Mortgages recorded a value of 3.2 billion dirhams, including 145 mortgages of land valued at 3 billion dirhams and 182 mortgages of villas and apartments with a value of 200 million dirhams, the most important of which was in the Jebel Ali port area with a value of 1.7 One billion dirhams and another in the Al Jaddaf region, with a value of 136 million dirhams.
