Registration of 2644 sales

AED 12.9 billion Dubai real estate transactions in a week

«Palm Jumeirah» recorded the most important sales of apartments and villas. Archival

Real estate transactions at the Dubai Land Department (DLD) last week amounted to more than AED 12.9 billion.

According to the weekly report of actions issued by the department yesterday, 2644 sales worth AED 8.11 billion were recorded, including 274 sales of land worth AED 3.17 billion, and 2370 sales of apartments and villas worth AED 4.93 billion.

Mortgages recorded AED 4.12 billion, while donations witnessed 267 donations worth AED 758.68 million. The most important land sales were worth two billion dirhams in the first Khairan area, followed by a sale worth 72 million dirhams in the "Wadi Al Safa 3" area, and then a sale worth 63 million dirhams in the fifth Al Thanyah area. Al Hebiah Fifth topped the regions in terms of the number of sales, recording 117 sales worth AED 321 million, followed by the first Jebel Ali area with 40 sales worth AED 115 million, and the third in Airport City with 22 sales worth AED 83 million.

As for the most important sales of apartments and villas, a sale worth AED 65 million in the Palm Jumeirah area came as the most important sales, followed by a sale worth AED 65 million in the "Island 2" area, and finally a sale worth AED 49 million in the Burj Khalifa area. Al Barsha South topped the regions in terms of the number of sales of apartments and villas, recording 244 sales worth AED 213 million, followed by Business Bay with 242 sales worth AED 493 million, and third in Dubai Marina with 201 sales worth AED 655 million.