The statistics showed that 320 plots and 1,720 apartments and villas were sold
DUBAI - According to statistics from the Dubai Land Department, for the week ending September 2, 2022, real estate transactions in Dubai were valued at a total of 7.4 billion dirhams, and the total amount of transactions was 2,593.
Statistics showed that 320 plots were sold for 1.75 billion dirhams, and 1,720 apartments and villas - for 3.55 billion dirhams.
The three largest transactions included the sale of land in Saikh Shuaibe 3 for 168 million dirhams, the sale of land on the island 2 for 115 million dirhams and the sale of land in Saikh Shuaibe 4 for 78 million dirhams.
The fifth place in the number of transactions this week was taken by Al-Hebia with 107 purchase and sale transactions in the amount of 329.68 million dirhams, followed by Jabal Ali with 60 purchase and sale transactions in the amount of 193.85 million dirhams, and in third place Nad Al-Shiba with 41 purchase and sale transactions.sales in the amount of 205 million dirhams.
The top three transfers of apartments and villas included an apartment sold for 776 million dirhams in Marsa Dubai, a second apartment sold for 367 million dirhams in Business Bay, and a third apartment sold for 303 million dirhams in Burj Khalifa.
The value of the mortgaged property for the week amounted to 1.24 billion dirhams, and the highest was an apartment in Business Bay, mortgaged for 198 million dirhams.
In addition, 111 properties were provided to relatives of the first degree in the amount of 944 million dirhams.
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