Yesterday, real estate transactions at the Dubai Land Department recorded more than 4 billion dirhams, completed through 1,367 transactions.
1,142 sales worth 3.08 billion dirhams were recorded, including 73 sales of land, 868 sales of housing units, and 201 sales of buildings. The Al Yafra 1 area topped sales in terms of value with 337 million dirhams through 140 deals. Ras Al Khor First Industrial Zone came second, with a value of 202 million dirhams, resulting from 89 deals, and third was the Al Jaddaf area, with 177 million dirhams through two deals.
Mortgages amounted to 707.7 million dirhams, carried out through 188 transactions, including 43 mortgages for land, 116 mortgages for residential units and 38 mortgages for buildings, and 37 donations worth 201 million dirhams were recorded.