Real estate transactions in the Dubai market on Wednesday reached AED 3.2 billion, resulting from 971 transactions, according to data from Dubai REST, the Dubai Land Department’s online application.
Sales reached AED 2 billion, generated through 685 transactions. The highest value was in Al Yalayis 1, with AED 190 million generated through 55 transactions. Al Wasl came in second place with AED 161 million generated through 62 transactions, followed by Al Yufrah 1, which generated AED 113 million, resulting from 24 transactions.
Mortgages also generated AED 1.1 billion through 254 transactions. Dubai Marina ranked first with AED 205 million, resulting from 19 transactions. Barsha Heights came in second with AED 111 million, resulting from 10 transactions. Business Bay came in third place with AED 78 million, resulting from 78 transactions.
Donations reached AED 81 million through 32 transactions. Jumeirah Lakes Towers came in first with AED 10 million through four transactions, followed by Wadi Al Safa 2 in second place with AED 8 million through a single transaction, and Jumeirah First in third place with AED 7 million resulting from a single transaction.