Dubai, UAE – Real estate transactions in Dubai recorded, during the week’s transactions, about 22 billion dirhams.
This comes after the implementation of 5,352 deals, including sales worth AED 14.79 billion.
Weekly real estate sales were distributed as follows: 3,731 sales of residential units, 377 sales of buildings, 279 sales of land, and a total of 4,387 transactions.
Real estate mortgages recorded 794 transactions, worth 4.68 billion dirhams, distributed as follows: 498 for residential units, 125 for buildings, and 171 for land.
The value of the donations amounted to approximately 2.53 billion dirhams, with 171 transactions distributed across 113 housing units, eight buildings, and 50 lands.
The Sheikh Mohammed bin Rashid Gardens area came in first place in terms of the value of real estate sales, with 1.5 billion dirhams.
It was followed by “Dubai Investment Complex II” with approximately AED 1.02 billion, “Business Bay” with AED 765.58 million, and “Jumeirah Circular Village” with AED 622.61 million.
Then the “Nakhlat Jumeirah” area recorded 501.49 million dirhams.
In terms of daily performance, real estate transactions in Dubai recorded about 1.57 billion dirhams, after implementing 501 deals, which included sales worth 1.21 billion dirhams.
The “La Mer” area came in the lead in terms of sales value with 119.89 million dirhams, followed by “Commercial Gulf” with about 85.72 million dirhams, “Dubai Investment Complex II” with 80.19 million dirhams, and “Nakhlat Deira” registered 77.67 million dirhams, then the “Jumeirah Circular Village” area registered 64.97 million dirhams.
