Dubai Real Estate Records 624 Sales Worth 1.8 Billion Dirhams

Real estate transactions in the Dubai market recorded about 2.3 billion dirhams on Tuesday, resulting from 816 procedures, according to Dubai Rest data.

The value of sales amounted to 1.83 billion dirhams, resulting from 624 transactions, the highest of which was in the Airport City area with a value of 318 million dirhams through 85 deals, then Wadi Al Safa was third with about 210 million dirhams (6 deals), followed by Business Bay third with 125 million dirhams (68 Deal).

Mortgages also amounted to 287 million dirhams through 168 procedures, with Business Bay coming first with a value of 26 million dirhams through 10 procedures, then Majan second with 23 million dirhams resulting from 33 procedures, followed by Discovered Gardens third with about 20 million dirhams through two procedures.

As for donations, they reached 190 million dirhams through 24 transactions. The Dubai Islands region came in first place with a value of 106 million dirhams through one transaction, then Al Barsha III came in second place with 24 million dirhams through one transaction, and Dubai Harbor was third with 12 million dirhams resulting from one transaction.

 

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