2.2 Billion Dirhams in Dubai Real Estate Sales

Real estate transactions in the Dubai market recorded about 3.5 billion dirhams on Tuesday, resulting from 1,264 procedures, according to Dubai Rest data.

The value of sales amounted to 2.2 billion dirhams, resulting from 994 transactions, the highest of which was in the Dubai Hills area, with a value of 159 million dirhams through 81 deals, then Palm Jumeirah was second, with 151 million dirhams (8 deals), followed by Business Bay, third, with 137 million dirhams (72 deals).

Mortgages also amounted to 935 million dirhams through 168 procedures, with Business Bay coming first with a value of 308 million dirhams through 7 procedures, then Palm Jumeirah second with 308 million dirhams resulting from 3 procedures, followed by Barsha Heights third with 55 million dirhams through one procedure.

As for donations, they reached 359 million dirhams through 102 transactions. Dubai Marina came in first place with a value of 153 million dirhams through 4,967 transactions, then Dubai Sports City came in second with 153 million dirhams through one transaction, and Dubai Harbor came in third with 53 million dirhams resulting from 3 transactions.

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