Per week’s actual property transactions in Dubai exceed AED 10.3 billion

Per week’s actual property transactions in Dubai exceed AED 10.3 billion

DUBAI: The whole worth of actual property transactions carried out in Dubai within the week ending November 10, 2023, amounted to greater than AED 10.3 billion, in keeping with figures launched by the Dubai Land Division (DLD).
The DLD report confirmed that 1,782 gross sales transactions price AED 7.4 billion have been carried out, with 396 plots offered for AED 3.99 billion, and bought 1,386 flats and villas for AED 3.41 billion.
The highest three transactions have been a plot of land in Me’aisem Second, offered for AED 123.66 million, a plot of land offered for AED 97 million in Al Safouh Second, and one other plot of land in Wadi Al Safa 2, offered for AED 88 .25 million.
Wadi Al Safa 2 recorded essentially the most gross sales transactions this week with 79 transactions price AED 535.96 million, adopted by Palm Jabal Ali with 73 transactions price AED 1.62 billion, and Me’aisem Second with 61 transactions price AED 740.77 million.
The highest three transfers of flats and villas embrace one in Dubai Marina for AED 360 million, one other in Palm Jumeirah price AED 53 million, and an condominium in Me’aisem First price AED 42.8 million.
The whole worth of mortgaged properties for the week was AED 1.86 billion. In the meantime, 142 properties have been awarded between first-degree kin price AED 1 billion.

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