ANI
27 May 2023, 06:55 GMT+10
Dubai [United Arab Emirates], May 27 (ANI/WAM): A total of 3,321 real estate transactions worth AED 11.1 billion were conducted in Dubai during the week ending May 26, 2023, according to figures released by the Dubai Land Department (DLD).
The DLD report showed that 220 plots were sold for AED 2.54 billion, and 2,398 apartments and villas were sold for AED 5.85 billion.
The top three transactions were a land in Madinat Al Mataar sold for AED 659.54 million, followed by a land that was sold for AED 169.39 million in Madinat Dubai Almelaheyah, and a land sold for AED 83 million in Al Barsha South Fourth in third place.
Wadi Al Safa 3 recorded the most transactions for this week by 61 sales transactions worth AED 728.44 million, followed by Al Hebiah Fifth with 41 sales transactions worth AED 106.84 million, and Jabal Ali First with 18 sales transactions worth AED 70 million in third place.
The top three transfers for apartments and villas were a was sold for AED 75 million in Al Safouh First, a villa was second in the list sold for AED 69 million in World Islands, and thirdly it was a villa sold for AED 61 million in World Islands.
The sum of the amount of mortgaged properties for the week was AED1.8 billion, with the highest being a land in Al Thanayah Fourth, mortgaged for AED 143 million.
154 properties were granted between first-degree relatives worth AED 933 million. (ANI/WAM)
Get a daily dose of Florida Statesman news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Florida Statesman.
More InformationWASHINGTON D.C.: Reuters has reported that on 7th June, former Vice President Mike Pence will enter the race for the ...
PYONGYANG, North Korea: North Korea attempt failed to launch a satellite on May 31, which prompted raid sirens and a ...
HONG KONG, China: Describing the lack of women in China's top leadership as concerning, the United Nations has recommended the ...
BEIJING, China: Amid its rivalry with the US for reaching new milestones in space, reflecting their competition for global influence, ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...
KUALA LUMPUR, Malaysia: Malaysia's maritime agency has said that it found a cannon shell believed to be from World War ...
MENLO PARK, California: Facebook parent company Meta Platforms has said it would remove news content in California if the state ...
BRUSSELS, Belgium: EU tech chief Margrethe Vestager has said that a draft code of conduct on artificial intelligence (AI) could ...
MOSCOW, Russia: After a turbulent 15 months of store closures and declining demand, Russian designers and brands are assisting the ...
WASHINGTON D.C.: The Federal Communications Commission (FCC) has said that more than 8.3 million US homes and businesses do not ...
CHICAGO, Illinois: Driven by an ongoing shortage of properties available on the market, in March US single-family home prices rose ...
MIAMI, Florida: Carnival Cruise Lines has said a cruise ship, the Carnival Sunshine, which sailed through rough seas off the ...