Real estate transactions in the Dubai market on Thursday reached AED 4.75 billion, resulting from 1,635 transactions, according to data from Dubai REST, the electronic application of the Dubai Land Department.
Sales generated AED 3.4 billion, resulting from 1,397 transactions. The highest value was in the Airport City area, with AED 527 million, through 3.5 transactions. Al Yufrah 1 came in second place with approximately AED 415 million, achieved through 100 transactions, followed by Wadi Al Safa 3, which achieved AED 188 million, resulting from 30 transactions. Mortgages also generated AED 831 million, through 210 transactions. Dubai Sports City came in first with AED 242 million, through 10 transactions. Al Manara came in second with AED 105 million, resulting from a single transaction. International City (2+3) came in third place with approximately AED 73 million, through two transactions. Donations reached AED 71 million through 28 transactions. Al Furjan came in first with AED 17 million through five transactions, followed by Mirdif in second place with AED 9 million through two transactions, and Burj Khalifa in third place with AED 8 million resulting from two transactions.