AED 5.4 Billion Dubai Real Estate Actions Weekend

Dubai Real Estate was launched on the first day of the last week of the year 2024 with sales of 5.4 billion dirhams, according to the website of the Dubai Land Department. The mortgages topped the real estate disposals on Monday, after reaching 2.44 billion dirhams, resulting from 184 transactions, most notably worth 2.25 billion dirhams, followed by a deal worth 17.5 million in the “Muj Al-Furjan West area”, for 5 land plots, while in the Harmony area, the value of two plots of land amounted to 10.2 million dirhams.

In terms of real estate sales on Monday, it amounted to AED 2.3 billion resulting from 878 deals, the highest of which was AED 488 million, and AED 86.7 million in the Marina Place 2 area resulting from the sale of 26 units, and in the DAMAC Sun City area, 29 lands were sold worth 86 million dirhams. The donations amounted to 655 million, for 45 transactions, the highest of which was 614 million dirhams, and 11 million dirhams in the Garden Views area for one plot of land, and in the “Emirates Springs Splendor Area 2” one operation was carried out for a villa worth 6 million dirhams.

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