Real estate transactions in Dubai market recorded, during the week, 15.8 billion dirhams, resulting from 5060 procedures, according to data from “Dubai Rest”.
The value of sales amounted to 12.5 billion dirhams, resulting from 3985 transactions, the highest of which was in the Airport City area, with a value of 1.5 billion dirhams through 116 transactions, then Al Yufrah 1 came in second place with about 869 million dirhams achieved through 175 transactions, followed by Burj Khalifa in third place with 663 million dirhams resulting from 83 transactions.
Mortgages also achieved 2.6 billion dirhams through 899 procedures, with Al Sufouh Gardens coming in first with a value of 168 million dirhams through 3 procedures, then Dubai Hills in second place with 164 million dirhams resulting from 14 procedures, followed by Nad Al Sheba 1 in third place with about 152 million dirhams through one procedure.
As for donations, they reached AED 676 million through 176 transactions, with Dubai Maritime City coming in first with AED 107 million through one transaction, then Majan in second place with AED 68 million through two transactions, and Palm Jumeirah third with AED 60 million resulting from 5 transactions.
On the daily level, Friday, real estate transactions achieved AED 1.7 billion resulting from 526 transactions, including sales worth AED 1.2 billion through 392 transactions, and about AED 408 million for mortgages (99 procedures), and finally donations with AED 89 million (35 transactions).