The total transactions in the Dubai real estate market, on Wednesday, recorded 3.85 billion dirhams, resulting from 793 procedures, according to data from the Land Department in the emirate.
The donations (grants) amounted to 1.07 billion dirhams, achieved through 21 measures, the highest of which came for land worth one billion dirhams on “Palm Jumeirah”, then “Jumeirah 1” second with 18 million dirhams resulting from one procedure, followed by “Jumeirah Golf” third with 16 million dirhams. Through one procedure.
Sales achieved 2.27 billion dirhams through 632 deals, with the “Mankhool” region topping the list of regions in terms of sales volume with a value of 213 million dirhams through two deals, then “Palm Jumeirah” second with about 196.5 million dirhams resulting from 15 deals, followed by “Emirates Hills” third. » With 168 million dirhams through 4 deals.
Sales of residential units (apartments, villas/buildings) touched the barrier of 1.25 billion dirhams, resulting from 561 transactions. The “Palm Jumeirah” area topped first place with the sale of a residential apartment worth 37.1 million dirhams, followed second by “Palm Jumeirah” with about 24.1 million dirhams resulting from the sale of A residential apartment, and thirdly, “Palm Jumeirah” announced the sale of a residential apartment for 24 million dirhams.
In terms of land, the value of sales approached 1.01 billion dirhams, achieved through 71 deals, the highest of which was recorded in the “Mankhool” area with a value of 181.7 million dirhams, then another in “Emirates Hills” with 148 million dirhams, and a third in “International City” with about 98 million dirhams. One million dirhams.
With regard to mortgages, it recorded 506 million dirhams resulting from 140 procedures, the highest of which was in the “Business Bay” area with a value of 146 million dirhams resulting from 5 procedures, then “International City 2+3” again with 89 million dirhams through 9 procedures, followed by The third, “Palm Jumeirah,” cost about 56.3 million dirhams from 5 mortgages.