Yesterday, real estate transactions in Dubai recorded 3.34 billion dirhams through 795 deals. 593 sales worth 1.35 billion dirhams were recorded, including 41 sales of land, 501 sales of housing units, and 51 sales of buildings.
Business Bay topped the regions in sales value with 162 million dirhams through 54 deals, followed by Palm Jumeirah with a value of 88 million dirhams through 15 deals, then Wadi Al Safa 5 with 86 million dirhams through 21 deals. The market witnessed a sale deal for a villa on Palm Jumeirah within the “Emerald Palace Kempinski” worth 27 million dirhams.
A residential apartment was sold in the Business Bay area within “EYWA DUBAI” for 26.9 million dirhams. Mortgages amounted to 1.31 billion dirhams through 160 transactions, including 44 mortgages for land, 91 mortgages for residential units, and 25 mortgages for buildings, the most prominent of which was a mortgage for a residential plot of land in Tilal Al Ghaf worth 416 million dirhams, and 42 donations worth 688 million dirhams were recorded.