Total transactions in Dubai’s real estate market reached AED 12.1 billion during the week, resulting from 4,410 procedures, according to data from the Dubai Rest website.
Total sales reached AED 9 billion, through 3,126 transactions, the highest of which was in Al Yufrah 1 area, with AED 570 million resulting from 100 transactions, followed by Dubai South in second place with AED 533 million through 289 transactions, then Bu Kadra in third place with AED 414 million achieved through 56 transactions.
Mortgages reached AED 2.6 billion resulting from 1,121 procedures. Jumeirah Village Circle area came in first place with AED 588 million through 202 procedures, followed by Dubai Land Residence Complex in second place with AED 218 million resulting from 191 procedures, then Dubai Marina in third place with AED 121 million through 65 procedures.
As for donations, they reached 481 million dirhams through 163 transactions, the highest of which was in Dubai Hills, with 108 million dirhams through one transaction, followed by Sheikh Mohammed bin Rashid Gardens in second place with about 51 million dirhams resulting from two transactions, followed by Business Bay in third place with 50.7 million dirhams through 44 transactions.