Real estate disposal in Dubai Land Department has achieved more than 5.3 billion dirhams this week.
According to Emirates News Agency, the department witnessed the registration of 1476 sales transactions amounting to 2.5 billion dirhams, including 127 sales transactions of lands amounting to 700 million dirhams, and 1349 sales of apartments and villas valued at 1.8 billion dirhams.
The most important land sales came with a value of 69 million dirhams in the fourth Thenia region, followed by a sales of 40 million dirhams in the world islands region, followed by a sales of 39 million dirhams in Nad Hessa region.
Al-Yifrah region topped 3 regions in terms of number of sales, with 11 sales pledging 11 million dirhams, followed by Nad Al-Sheba District with 11 sales amounting to 38 million dirhams, and third in the fifth year with 6 sales amounting to 15 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 sales of 20 million dirhams in the Dubai Marina area, and finally a pledge of 13 million dirhams in the Dubai Marina area.
Wadi Al-Safa was topped the 5 regions in terms of number of sales of apartments and villas, with 142 sales recorded at 192 million dirhams, followed by Al-Merkad area, with 133 sales amounting to 179 million dirhams, and third in Dubai Marina with 118 sales amounting to 266 million dirhams.
Mortgages recorded a value of 2.8 billion dirhams, including 114 mortgages of land valued at 2.6 billion dirhams, 181 mortgages for villas and apartments with a value of 200 million dirhams, the most important of which was the Dubai Marina area of 1.2 billion dirhams and another in the Al Jaddaf area with a value of 477 million dirhams.
