Downtown Dubai

AED10.69 Billion of Weeklong Real Estate Transactions Recorded

  • June 13th, 2021

Dubai Land Department (DLD) enrolled a total of 2,069 real estate and property manages an absolute worth of 10.7 billion during the week ending 10 June 2021.

According to the DLD week after week report, 2019 plots were sold for AED 1.46 billion, 1,418 apartments and villas were for AED 2.81 billion.

The principle three deals were land in Palm Jumeirah sold for AED 330 million, then, at that point come a land that was sold for AED 71.22 million in Al Safouh second, and land sold for AED 50 million in the Burj Khalifa region in the third place.

Al Hebiah Fourth enrolled the most deals during the current week with 101 deals bargains worth AED 438.82 million, trailed by Hadaeq Sheik Mohammed Bin Rashid with 18 deals worth AED 212.58 million, and Al Hebiah Third with 15 deals worth AED 34 million in the third place.

The principle three exchanges for apartments and villas were a villa was sold for AED 341 million in Dubai Investment Park First, an apartment was second in the rundown sold for AED 284 in Marsa Dubai, and thirdly it was an apartment sold for AED 282 million in Al Merkadh.

The absolute of mortgaged properties for the week was 6 billion, with the most noteworthy being land in Al Warsan Second, sold for AED 4.7 billion.

51 properties were conceded between first-degree family members worth AED 771 million.

Source: Property News