9.7 billion dirhams of Dubai real estate transactions in one week

Over the past week, real estate transactions in the Dubai Land Department totaled more than 9.7 billion dirhams.

The weekly report on the actions issued by the department yesterday indicated that 1,893 pledges of allegiance were recorded, valued at 4.75 billion dirhams, of which 326 pledged allegiance to land, valued at 1.64 billion dirhams, and 1,567 pledged allegiance for apartments and villas worth 3.12 billion dirhams. .

The main land sale of 352 million dirhams in the Nad Hessa area, followed by a promise of 90 million dirhams in the “Island 2” area, then 42 million dirhams in the fourth Al-Habiya area.

The “Al Habiya Fifth” region topped the regions in terms of the number of pledges, with 214 pledges worth 595 million dirhams, followed by the Jebel Ali First region, with 39 pledges worth 164 million dirhams, and the third in “Al Yafra 2”, with 26 commitments of 33 million dirhams.

The main pledges of apartments and villas were pledged to the value of 38 million dirhams in the fourth Al Thanyah area, followed by a pledge of 35 million dirhams in the first area of ​​Dubai Investments Park, and finally a pledge of 29 million dirhams in Palm Jumeirah area.

“Business Bay” topped the regions in terms of the number of pledges of allegiance for apartments and villas, as it recorded 172 pledges of allegiance for 245 million dirhams, followed by the Burj Khalifa area with 161 pledges of 565 million dirhams, and third in “Al Barsha South Fourth” with 161 promises of 118 million dirhams.