Dubai Real Estate Sales Record 895 Deals Worth AED 2 Billion

Real estate transactions in Dubai market recorded on Tuesday about 2.7 billion dirhams resulting from 1090 procedures, according to data from Dubai Rest. The value of sales amounted to 2 billion dirhams resulting from 895 transactions. The highest of which was in Wadi Al Safa 5 area with a value of 172 million dirhams through 40 transactions, then Airport City came in second with about 133.5 million dirhams resulting from 59 transactions, followed by Dubai Investment Park 2 in third place with 133 million dirhams achieved through 48 transactions.

Mortgages amounted to 344 million dirhams resulting from 142 procedures, where Umm Suqeim 1 came in first with a value of 40 million dirhams through one procedure, then Dubai Hills in second place with 28 million dirhams resulting from 5 procedures, followed by Mirdif 3 with about 14 million dirhams through two procedures.

As for donations, they reached 366 million dirhams through one transaction. The World Islands area came in first place with a value of nearly 239 million dirhams through one transaction, then Palm Jumeirah came in second with about 44 million dirhams through two transactions, and Jumeirah Village Circle came in third with 32 million dirhams resulting from 27 transactions.

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