The total transactions in the Dubai real estate market recorded 2.78 Billion Dirhams on Monday, resulting from 1,002 procedures, according to data from the Land Department in the Emirate.
The data showed that the sector’s sales in the emirate achieved 2.3 Billion Dirhams, through 819 deals, with the First Mall area topping the list of areas in terms of size, with a value of 480 Million Dirhams, through two deals, then “Palm Jumeirah” second, with about 179 Million Dirhams, resulting from 12 deals. A deal, followed by a third, “Jumeirah Village Circle,” worth 143 Million Dirhams through 174 deals.
The number of residential units sold reached 756 properties, apartments accounted for the largest share with 716 units, while villas (buildings) recorded 40 units sold. While the number of land deals reached 63.
With regard to mortgages, it recorded about 340 Million Dirhams, resulting from 150 procedures, the highest of which came in the Umm Al Sheif area with a value of 78 Million Dirhams, resulting from one procedure, then “Al Furjan” second with 27 Million Dirhams through 11 procedures, followed by “Tilal Al Ghaf” third. » About 16.5 Million Dirhams, through 8 transactions.
As for the donations, they approached 139 Million Dirhams, resulting from 33 measures, the highest of which was in “Emirates Hills” with 74 Million Dirhams, then “Al Khail Heights” was second with 17.7 Million Dirhams, and “Business Bay” was third with about 14.6 Million Dirhams.