The total transactions in the Dubai real estate market at the beginning of the week, Monday, amounted to 5.78 Billion Dirhams, resulting from 862 procedures, according to data from the Land Department in the emirate.
Sales achieved 2.06 Billion Dirhams through 681 deals, with the “Jumeirah Village Circle” area topping the list of areas in terms of sales volume with a value of 175.4 Million Dirhams, through 70 deals, then “Business Bay” came second with about 169 Million Dirhams, resulting from 79 deals, followed by The third, “Burj Khalifa,” was valued at 151 Million Dirhams through 20 deals.
Sales of residential units (apartments, villas, and buildings) touched the barrier of 1.4 Billion Dirhams, resulting from 620 deals. The “Palm Jumeirah” area topped first place, through the sale of an apartment worth 27.6 Million Dirhams, followed second by “Palm Jumeirah” with about 26.4 Million Dirhams, resulting from the sale of A residential villa, and thirdly, “Palm Jumeirah” sold a residential apartment for 24 Million Dirhams.
In terms of land, its value approached 646.6 Million Dirhams through 61 deals, the highest of which was recorded in the “Horizon” area at a value of 80 Million Dirhams, then another in “Harizon” at 70 Million Dirhams, and a third in “Jumeirah Village Circle” at about 65 Million Dirhams.
With regard to mortgages, it recorded 3.64 Billion Dirhams resulting from 156 procedures, the highest of which was in the “Hasyan II” area with a value of 3.2 Billion Dirhams resulting from one procedure, then “Palm Jumeirah” second with 94 Million Dirhams through 6 procedures, followed by “Dubai Hills” third. » About 68 Million Dirhams through 7 mortgages.
Finally, donations reached 87.5 Million Dirhams, achieved through 25 measures, the highest of which was in “Palm Jumeirah” with 40 Million Dirhams, then “Dubai Harbour” with 14.7 Million Dirhams, and “Safa II” third with 7.5 Million Dirhams.