924 million dirhams of Dubai real estate transactions

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Dubai: «The Gulf»
Real estate transactions in the Dubai Land Department amounted to more than 924 million dirhams, as the department witnessed, on Wednesday, the registration of 276 pledges of allegiance to the value of 641.1 million dirhams, including 43 pledges of land with a value of 167.88 million dirhams and 233 sales of apartments and villas with a value of 473.22 million dirhams.
The most important land sales came at a value of 25 million dirhams in the Island 2 area, followed by a pledge of 20 million dirhams in the gardens of Sheikh Mohammed bin Rashid, followed by a pledge of 8 million dirhams in the fourth al-Habiya area.
The fourth district of Al-Habiya topped the regions in terms of the number of allegiances, with 16 pledges worth 74 million dirhams, followed by Wadi Al-Safa 2 with 7 pledges worth 9 million dirhams, and the third in Jebel Ali First, with 4 pledges worth 4 million dirhams.
With regard to the most important sales of apartments and villas, a pledge of 27 million dirhams in the Palm Jumeirah area came as the most important pledge, followed by a pledge of 17 million dirhams in the Al-Markadh area, and finally a pledge of 17 million dirhams in the Palm Jumeirah area.
The Dubai Marina region topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 26 pledges of 69 million dirhams, followed by the Fifth Al-Thaniya area, with 23 pledges of 21 million dirhams, and the third in Me’aisem the First, with 14 pledges of 36 million dirhams.
Mortgages recorded a value of 219.95 million dirhams, including 18 mortgages of land with a value of 103.2 million dirhams and 67 mortgages of villas and apartments with a value of 116.74 million dirhams, the most important of which was in Al-Jaddaf area with a value of 48 million dirhams and another in Mirdif with a value of 27 million dirhams.
As for donations, 7 donations worth 63.5 million dirhams were registered, the most important of which were in the Palm Jumeirah area with a value of 26 million dirhams and another in the third area of ​​​​Jumeirah with a value of 25 million dirhams.





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