Real estate disposals in the Dubai market, within a week, recorded 18 billion dirhams resulting from 4,381 procedures, according to Dubai Rest data.
The value of sales amounted to 12.6 billion dirhams, resulting from 3453 deals, the hight in the Palm Jebel Ali area came with a value of 1.83 billion dirhams through 81 deals, then Burj Khalifa again with about 702 million dirhams achieved through 78 deals, followed by Elis 1 third with 616 million dirhams resulting in 192 deals.
The mortgage also achieved 3.5 billion dirhams through 771 procedures, Palm Jumeirah came first worth 1.12 billion dirhams through 14 procedures, then Damac Hills again with 255 million dirhams resulting from 23 procedures, followed by Wadi Al Safa 3 in third place with about 210 million dirhams through two procedures.
As for the donations, they reached 1.9 billion dirhams through 157 transactions, where the Burj Khalifa area came first with a value of 396 million dirhams through 8 transactions, then Zabeel II in second place with about 346 million dirhams through one transaction, and Dubailand Residence Complex a third with 304 million dirhams resulting from 6 transactions.
On a daily level, on Friday, real estate disposals achieved 2.8 billion dirhams resulting from 577 disposals, including sales of 1.4 billion dirhams through 457 deals, about 1.4 billion dirhams for mortgages (110 procedures), and finally donations of 17 million dirhams (10 transactions).