Real estate transactions in the Dubai market on Thursday reached AED 2.9 billion, resulting from 1,013 transactions, according to data from Dubai REST.
Sales reached AED 2.27 billion, achieved through 794 transactions. The highest value was recorded in the second commercial center, with approximately AED 207 million, through 31 transactions. Al Wasl came in second place with approximately AED 100 million, achieved through 18 transactions, followed by Horizon in third place with approximately AED 87 million, resulting from a single transaction.
Mortgages generated AED 442 million through 177 transactions. Mirdif came in first with a value of AED 60 million, resulting from a single transaction involving a plot of land. Dubai Hills came in second with approximately AED 34 million, resulting from three transactions. Business Bay came in third place with approximately AED 23 million, resulting from 11 transactions. As for donations, they reached AED 143 million through 42 transactions. Majan came in first place with AED 52 million through a single transaction, followed by Dubai Sports City in second place with approximately AED 11 million through a single transaction, followed by Al Barsha South 3 in third place with approximately AED 10 million resulting from a single transaction.