Real estate activities in the Department of Lands and Properties in Dubai have achieved more than 1.92 billion dirhams this week.
The department witnessed 253 sales of 441.82 million dirhams, of which 18 were land sales of 134.23 million dirhams, and 235 sales of apartments and villas amounted to 307.59 million dirhams.
The most important sales of land came with a value of 55 million dirhams in the region of Boukdra, followed by a pledge of 13 million dirhams in the region of Me’aisam I, followed by allegiance of the same value in the first Al-Safa region.
The first Mu’aisim topped the regions in terms of the number of sales: 3 sales were recorded at a value of 26 million dirhams, followed by the third Habiya region by registering two sales amounting to 7 million dirhams, and a third in the sixth pillar by registering a pledge of two million dirhams.
With regard to the most important sales of apartments and villas, a sales amount of 11 million dirhams came in the Palm Jumeirah region, as the most important sales were followed by a pledge of 6 million dirhams in the first Jumeirah area, and finally a pledge of 5 million dirhams in the Dubai Marina area.
Dubai Marina area topped the regions in terms of number of sales of apartments and villas, recording 31 sales of 69 million dirhams, followed by the first Jumeirah region with 27 sales of 60 million dirhams, and third in Al Merkad with 23 sales of 43 million dirhams.
Mortgages recorded a value of 1.39 billion dirhams, of which 30 were for mortgaging lands, with a value of 1.33 billion dirhams, the most important of which was in the Jebel Ali First region, with a value of 775 million dirhams, and another in the first commercial center area, with a value of 350 million dirhams.
As for the donations, it witnessed the registration of 18 donations, at a value of 85 million dirhams, the most important of which was in the Riffa area, with a value of 18 million dirhams, and another in the Al-Muteena region, with a value of 16 million dirhams.