Dubai Records AED10.4 Billion In Weekly Real Estate Transactions
Sumaira FH Published April 07, 2023 | 07:00 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 07th Apr, 2023) A total of 2,793 real estate and properties transactions valued at AED10.4 billion were conducted during the week ending 7th April 2023, according to data released by Dubai's Land Department (DLD). The DLD weekly report noted that 222 plots were sold for AED1.8 billion, 2,086 apartments and villas were sold for AED4.56 billion.
The top three transactions were a land in business Bay sold for AED456.25 million, followed by a land that was sold for AED150 million in Al Thanayah Fourth, and a land sold for AED456.25 million in Business Bay in third place.
Al Hebiah Fifth recorded the most transactions for this week by 93 sales transactions worth AED246.
61 million, followed by MADINAT HIND 4 with 33 sales transactions worth AED43.22 million, and Al Hebiah Fourth with 30 sales transactions worth AED261 million in third place.
The top three transfers for apartments and villas were a was sold for AED170 million in Wadi Al Safa 3, an apartment was second in the list sold for AED137 million in Island 2, and thirdly it was an apartment sold for AED130 million in Island 2.
The sum of the amount of mortgaged properties for the week was 3.96 billion, with the highest being a land in Mirdif, mortgaged for AED 1 billion. 76 properties were granted between first-degree relatives worth AED138 million.
Recent Stories
At least 10 people killed in Brazil fire: officials
Shahzaib Rind calls on Deputy Speaker Balochistan
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-le ..
DC Tharparkar inaugurates anti-polio campaign
HDA Mehran workers demand salaries
Taxila police nab motorcycle lifter gang
Inter-university weightlifting championship kicks off at SAU
Walk held in a series of enrollment campaigns
Team from Gaza mediator Egypt arrives in Israel for truce talks
Kids murders: IHC orders psychiatric examination of mother
Health minister credits PML-N for advancements in organ transplantation
Court grants interim bail to Azam Swati in cyber crime case
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago