On Thursday, the real estate market in Dubai recorded the sale of a residential apartment within the private housing project located on the Dubai Water Canal, at a value of 72 Million Dirhams, with an area of about 8,219 square feet, according to “Dubai Rest” data.
The sector’s sales reached 1.62 Billion Dirhams, resulting from 672 deals, the highest in terms of volume being in Palm Jumeirah at 157 Million Dirhams, then Wadi Al Safa 3 with about 120 Million Dirhams, followed by Sheikh Mohammed bin Rashid Gardens with a value of 108.5 Million Dirhams.
As for mortgages, they reached 313 Million Dirhams, achieved through 150 procedures.