Every week’s value of actual property transactions in Dubai exceed $2.80 billion

Every week’s value of actual property transactions in Dubai exceed $2.80 billion

DUBAI – The entire worth of actual property transactions accomplished in Dubai within the week ending November 10, 2023 exceeded AED10.3 billion, in response to figures launched by the Dubai Land Division (DLD).

The DLD report confirmed that 1,782 gross sales transactions value AED7.4 billion have been carried out, with 396 plots offered for AED3.99 billion and 1,386 residences and villas bought for AED3.41 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 probably the most gross sales transactions this week with 79 transactions value AED535.96 million, adopted by Palm Jabal Ali with 73 transactions value AED1.62 billion, and Me’aisem Second with 61 transactions value AED740, 77 million.

The highest three condo and villa transfers embrace one in Dubai Marina for AED360 million, one other in Palm Jumeirah value AED53 million, and an condo in Me’aisem First value AED42.8 million.

The entire worth of mortgaged properties for the week reached AED1.86 billion. In the meantime, 142 properties have been awarded between first-degree family value AED 1 billion.

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