Real estate transactions in the Dubai market on Wednesday recorded more than 3.6 billion dirhams, resulting from 901 procedures, according to data from Dubai REST.
The value of sales reached 2.8 billion dirhams, resulting from 698 transactions, the highest of which was in the Al Yufrah 1 area, with a value of 709 million dirhams, through 34 transactions, followed by Dubai Islands in second place with about 384 million dirhams (44 transactions), followed by Dubai Hills in third place with 228 million dirhams (51 transactions).
Mortgages amounted to AED 478 million through 172 procedures, with City of Arabia coming first with AED 101 million through one procedure, followed by Palm Jumeirah in second place with AED 50 million resulting from 5 procedures, followed by Jebel Ali First in third place with approximately AED 46 million through 4 procedures.
As for donations, they reached AED 277 million through 31 transactions. Al Warqaa 1 came first with a value of AED 120 million through two transactions, then Hadhaq Waterfront came in second place with about AED 60 million through one transaction, and International City (2+3) came in third with AED 43 million resulting from one transaction.