City
Epaper

Dubai records AED10.1 billion in weekly real estate transactions

By ANI | Updated: January 12, 2024 23:15 IST

Dubai [UAE], January 12 (ANI/WAM): A total of 2,910 real estate and properties transactions valued at AED 10.1 billion ...

Open in App

Dubai [UAE], January 12 (ANI/WAM): A total of 2,910 real estate and properties transactions valued at AED 10.1 billion were conducted during the week ending January 12, according to the Dubai Land Department (DLD).

The DLD weekly report said that 209 plots were sold for AED 2.19 billion, while 2,100 apartments and villas were sold for AED 4.84 billion.

The top three transactions were a land in Al Hebiah Sixth sold for AED 138.65 million, followed by a land that was sold for AED 105 million in Business Bay, and a land sold for AED 47.36 million in Palm Jabal Ali in third place.

Al Hebiah Fifth recorded the most transactions for this week by 44 sales transactions worth AED 163.91 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 33 sales transactions worth AED 398.83 million, and Madinat Hind 4 with 30 sales transactions worth AED 42.29 million in third place.

The top three apartment and villa transfers included one worth AED 66 million in Al Wasl, another worth AED 46 million in Al Thanayah Fourth, and an apartment worth AED 40.02 million in Al Hebiah Fourth.

The total value of mortgaged properties for the week reached AED 2.28 billion. Meanwhile, 82 properties were granted between first-degree relatives worth AED 799 million. (ANI/WAM)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSyrian interim govt begins phased implementation of ceasefire in Sweida as clashes continue

InternationalRussia strikes Ukrainian military enterprises

NationalIMD issues orange alert for 9 districts in Kerala; heavy rainfall warning

EntertainmentShooting of Ken Royson's film with Kavin to start in October

International37 dead as tourist boat capzises in Vietnam's Halong Bay

International Realted Stories

InternationalTwo Indians killed, one abducted in terror attack in Niger; Indian Mission in touch with local authorities

InternationalSaudi Arabia's 'Sleeping Prince' dies after 20 years in coma

InternationalHong Kong issues T10 hurricane signal, highest warning for Typhoon Wipha

InternationalAll eyes on ruling coalition as Japan goes for Upper House Polls

InternationalMonsoon fury claims over 200 lives in Pakistan