14.2 billion dirhams of Dubai real estate transactions in a day – Economic – UAE economy

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Real estate transactions in the Dubai Land and Property Department amounted to more than 14.2 billion dirhams, as the department witnessed yesterday the registration of 144 pledges amounting to 319.12 million dirhams, of which 16 pledges to land valued at 80.12 million dirhams and 128 pledges to apartments and villas worth 239 million dirhams.

Last week, the transactions amounted to more than 16.9 billion dirhams, as the department witnessed the registration of 700 pledges, amounting to 1.63 billion dirhams, including 79 pledges of land, amounting to 473.26 million dirhams, and 621 pledges of apartments and villas, amounting to 1.16 billion dirhams.

The most important land sales during the week, with a value of 37 million dirhams, came in Gezira 2, followed by a sale of 37 million dirhams in Al Thanyah Fourth area, followed by a sale of 28 million dirhams in the Palm Jumeirah area.

The Nad Al Sheba region, the third, topped the regions in terms of the number of pledges, as it recorded 21 pledges with a value of 51 million dirhams, followed by the third Al-Habiya area, with 13 pledges at a value of 22 million dirhams, and a third in Al-Habiba fourth with 11 pledges of 25 million dirhams.

As for the most important sales of apartments and villas, a pledge of 50 million dirhams came in the Al-Muteena area, the most important of which was followed by a pledge of 25 million dirhams in the Naif area, and finally, a pledge of 25 million dirhams in the Palm Jumeirah area.

Dubai Marina topped the regions in terms of the number of sales of apartments and villas, recording 74 pledges at a value of 170 million dirhams, followed by Sheikh Mohammed bin Rashid Gardens, registering 68 pledges of 84 million dirhams, and a third in Al-Barsha South of Al-Rabeeah, with 43 pledges of 34 million dirhams.

The value of mortgages amounted to 14.83 billion dirhams, including 127 mortgages of land worth 8.7 billion dirhams and 1720 mortgages of villas and apartments worth 6.13 billion dirhams, and the most important of them were in Al-Wafra 1, at a value of 6 billion dirhams, and another in Al-Wasl area, worth 1 billion dirhams.

As for the donations, 67 donations valued at 520.85 million dirhams were registered, the most important of which was in the Al Nahda Al-Awal area with a value of 180 million dirhams, and the other in the Al-Muraqqabat area, with a value of 90 million dirhams.

The most important land sale yesterday, with a value of 28 million dirhams, came in the Palm Jumeirah area, followed by a pledge of 21 million dirhams in Al Thanyah Fourth area, followed by a sale of 4 million dirhams in the first area of ​​Me’aisem.

The Nad Al Sheba area, the third, topped the regions in terms of the number of sales, as it recorded 4 sales of 10 million dirhams, followed by the sixth Al-Habiya area, with 3 sales worth 5 million dirhams, and a third in Sheikh Mohammed bin Rashid Gardens, with 2 sales of 4 million dirhams.

As for the most important sales of apartments and villas, a pledge of 50 million dirhams came in the Al-Muteena area, the most important of which was followed by a 12 million dirham sale in the Al-Merkadh area, and finally, a pledge of 6 million dirhams in the Dubai Marina area.

The Burj Khalifa region topped the regions in terms of the number of sales of apartments and villas, as it recorded 13 pledges at a value of 23 million dirhams, followed by the Al-Barsha South fourth district, with 11 pledges amounting to 9 million dirhams, and a third in Dubai Marina, with 11 pledges at a value of 23 million dirhams.

The value of mortgages amounted to 13.85 billion dirhams, of which 49 mortgages of land worth 8.23 ​​billion dirhams and 1530 mortgages of villas and apartments worth 5.62 billion dirhams, and the most important of them were in Al-Yafra 1, at a value of 6 billion dirhams, and another in Al-Wasl area, with a value of 1 billion dirhams.

As for the grants, 15 grants worth 56.81 million dirhams were registered, the most important of which was in Al-Thanyah Fourth, with a value of 26 million dirhams, and another in the first Dubai Investment Park area, with a value of 8 million dirhams.

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