350 Million Dirham Mortgage in Dubai

Real estate transactions in Dubai on Tuesday recorded about AED 4.09 billion, resulting from 1,161 transactions, according to data from Dubai Rest.

The total value of sales amounted to AED 2.73 billion, resulting from 920 transactions. The Burj Khalifa area came in first place with a value of AED 497.21 million through 23 transactions, followed by Al Yufrah 1 second with about AED 161.48 million resulting from 3 transactions, then Airport City third with AED 158.72 million through 3 transactions.

Mortgages achieved AED 1.02 billion through 246 transactions, the highest of which was in Jumeirah Beach Residence with AED 350.40 million through one transaction, then Burj Khalifa second with about AED 228.03 million through 74 transactions, followed by Dubai Investment Park 2 third with AED 66.78 million resulting from one transaction.

Donations reached around AED 347.75 million through 60 transactions. The highest came in Al Habbia 5 with a value of AED 2.20 million resulting from a single transaction, followed by Arabian Ranches 1 second with AED 7.00 million through a single transaction, followed in third place by Al Barsha Heights with AED 13.51 million resulting from two transactions.

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