Business
Dubai Realty Transactions at Dh3 Billion
Dubai Realty Transactions at Dh3 Billion
1. Realty Transactions Were Valued:
â–ªï¸ Total of 115 plots were sold for Dh548.96 million.
â–ªï¸ 721 apartments and villas were sold for Dh1.25 billion.
2. The top three transactions were all for lands in Palm Jumeirah, sold for:
â–ªï¸ Dh55 million
â–ªï¸ Dh32 million
â–ªï¸ Dh55 million
3. Most transactions are recorded
â–ªï¸ Al Hebiah Fourth with 25 worth Dh88.37 million.
â–ªï¸ Followed by Nad Al Shiba Third with 22 worth Dh56.74 million.
â–ªï¸ Hadaeq Sheikh Mohammed bin Rashid with 16 worth Dh136 million.
4. Top Three Transfers
The top three transfers for apartments and villas where an apartment was sold for:
â–ªï¸ Dh135 million in Marsa Dubai.
â–ªï¸ Villa for Dh97 million in Hadaeq Sheikh Mohammed bin Rashid
â–ªï¸ Apartment for Dh91 million in Palm Jumeirah.
5. Number of Mortgage Properties
â–ªï¸ The number of mortgaged properties was Dh1 billion, with the highest being a land in Al Barsha First for Dh191 million.
â–ªï¸ Forty-four properties were granted between first-degree relatives worth Dh153 million.
