Real estate transactions in the Dubai market on Thursday reached AED 6.1 billion, resulting from 1,175 transactions, according to data from Dubai REST.
Sales reached AED 2.4 billion, resulting from 871 transactions. The highest value was in Me’aisem 2, with AED 189 million generated through 11 transactions. Al Yufrah 1 came in second place with approximately AED 163 million generated through 27 transactions, followed by Business Bay, which came in third with approximately AED 136 million generated through 71 transactions.
Mortgages also generated AED 747 million through 211 transactions. Jumeirah Lakes Towers came in first with AED 159 million generated through two transactions, followed by Jumeirah Village Circle, which came in second with AED 110 million generated through 19 transactions, and Palm Jumeirah, which came in third with approximately AED 53 million generated through five transactions. As for donations, they reached AED 2.93 billion through 93 transactions. Jebel Ali Industrial Area came in first place with a value of AED 270 million through five transactions, followed by Al Safa 2 in second place with approximately AED 269 million through three transactions, followed by Raqqa Al Buteen in third place with AED 256 million resulting from 256 transactions.