2.5 Billion Dirhams Dubai Real Estate Transactions in the Middle of the Week

Real estate transactions in Dubai market recorded on Wednesday 2.5 billion dirhams resulting from 811 procedures, according to data from Dubai Rest. The value of sales amounted to 1.73 billion dirhams resulting from 609 transactions, the highest of which was in the Palm Jumeirah area with a value of 163 million dirhams through 10 transactions. Then Wadi Al Safa 5 came in second with about 98 million dirhams achieved through 23 transactions, followed by Burj Khalifa in third place with 94 million dirhams resulting from 22 transactions.

Mortgages also achieved 597 million dirhams through 176 procedures, Al Barsha 1 came in first with a value of 151 million dirhams through two procedures, then Dubai Marina came in second with 45 million dirhams resulting from 13 procedures, followed by Palm Jumeirah in third place with about 40 million dirhams through 9 procedures.
As for donations, they reached 123 million dirhams through 26 transactions. The Majan area came first with a value of 37 million dirhams through one transaction, then Jumeirah Islands in second place with about 28 million dirhams through one transaction, and Palm Jumeirah third with 15 million dirhams resulting from two transactions.

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