UAE

1.8 billion dirhams, the actions of Dubai real estate today

Actual property transactions within the Dubai Land Division at the moment amounted to greater than 1.8 billion dirhams, because the division witnessed the registration of 537 pledges of allegiance at a worth of 1.33 billion dirhams, together with 52 pledges of allegiance to lands, at a worth of 246.5 million dirhams, and 485 pledges of allegiance to flats and villas, at a worth of 1.08 billion dirhams.

A very powerful land gross sales got here with a worth of 37 million dirhams within the fourth district of Al Habiya, adopted by a pledge of twenty-two million dirhams within the Sheikh Mohammed bin Rashid Gardens space, adopted by a pledge of 19 million dirhams within the Palm Deira space.

Al Hebiya Fifth District topped the areas when it comes to the variety of gross sales, because it recorded 19 gross sales at a worth of 58 million dirhams, adopted by the primary Jebel Ali area, with 14 gross sales at a worth of 57 million dirhams, and a 3rd in Al Hebeya III, with 4 gross sales at a worth of 21 million dirhams.

With regard to crucial gross sales of flats and villas, there was a sale of 52 million dirhams within the second Jumeirah space, as crucial sale, adopted by a sale of 40 million dirhams within the Palm Jumeirah space, and at last a sale of 21 million dirhams within the first Umm Suqeim space.

Al Wasl topped the areas when it comes to the variety of gross sales of flats and villas, because it recorded 42 pledges of allegiance, at a worth of 120 million dirhams, adopted by the Enterprise Bay area, with 41 pledges of allegiance, at a worth of 71 million dirhams, and a 3rd in Al Barsha, south of the fourth, with 37 pledges of homage, at a worth of 31 million dirhams.

The mortgages recorded a worth of 419.73 million dirhams, of which 22 land mortgages amounted to 151.68 million dirhams and 76 mortgages of villas and flats amounted to 268.05 million dirhams.

As for donations, 42 donations have been registered, with a worth of 143.1 million dirhams, crucial of which was within the Dubai Marina space, with a worth of 40 million dirhams, and one other within the Al Muraqqabat space, with a worth of 33 million dirhams.

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