DUBAI, A total of 2,594 real estate transactions worth AED9.4 billion were conducted during the week ending 9th September, 2022, according to figures released by the Dubai Land Department.
A total of 209 plots were sold for AED 946.55 million, 1,871 apartments and villas were purchased for AED 3.92 billion.
The top three transactions were a land in Island 2 sold for AED 46.5 million, followed by a land that was sold for AED 26 million in Al Barshaa South Third, and a land sold for AED 26 million in Mohammad Bin Rashid Gardens.
Al Hebiah Fifth recorded the most transactions for this week recording 78 sales transactions worth AED 195.97 million, followed by Nad Al Shiba First with 25 sales transactions worth AED 146.24 million, and Jabal Ali First with 24 sales transactions worth AED 89 million.
The sum of the amount of mortgaged properties for the week reached 3.42 billion, while 100 properties were granted between first-degree relatives worth AED 1.17 billion.
Source: Emirates News Agency