Dubai Real Estate Sales Reach AED 3.3 Billion

Real estate transactions in the Dubai market on Wednesday reached AED 5 billion, resulting from 1,070 transactions, according to data from Dubai REST. Sales reached AED 3.34 billion, resulting from 839 transactions. The highest value was in Ras Al Khor, with AED 1 billion, through 20 transactions. Wadi Al Safa 3 came in second place with approximately AED 268 million, achieved through 41 transactions. Dubai Investments Park II came in third with approximately AED 227 million, resulting from 64 transactions.

Mortgages also generated AED 1.5 billion, through 20 transactions. Burj Khalifa came in first with AED 516 million, through five transactions. Mirdif came in second with AED 287 million, resulting from a single transaction. Satwa came in third place with approximately AED 200 million, achieved through a single transaction. As for donations, they reached 113 million dirhams, through 39 transactions. Al Manara came in first place with a value of 28 million dirhams, through a single transaction, followed by Business Bay in second place with nearly 2 million dirhams, through four transactions, followed by Jumeirah Lakes Towers in third place with 21 million dirhams, resulting from 10 transactions.

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