Real estate transactions in Dubai market recorded, during the week, 17.2 billion dirhams, resulting from 4976 procedures, according to data from Dubai Rest.
The value of sales amounted to 12.25 billion dirhams, resulting from 3837 transactions, the highest of which was in the Grand Hills area of Dubai, with a value of 1.11 billion dirhams through a single transaction, consisting of the sale of a plot of land, then Business Bay came in second place with about 800 million dirhams achieved through 242 transactions, followed by Dubai Marina in third place with 681 million dirhams resulting from 86 transactions.
Mortgages also achieved 4.4 billion dirhams through 945 procedures, with Jumeirah Beach Residence coming in first with a value of 546 million dirhams through 12 procedures, then Jebel Ali Port in second place with 519 million dirhams resulting from a single procedure, followed by Business Bay in third place with about 312 million dirhams through 52 procedures.
As for donations, they reached AED 534 million through 194 transactions, with Burj Khalifa coming in first with AED 63 million through 10 transactions, followed by Dubai Marina in second place with AED 61 million through 38 transactions, and Palm Jumeirah in third place with AED 54 million resulting from 9 transactions.
On a daily basis, Friday, real estate transactions achieved AED 2.6 billion resulting from 702 transactions, including sales worth AED 1.5 billion through 544 transactions, and about AED 1 billion for mortgages (134 procedures), and finally donations with AED 52 million (24 transactions).