Dubai: The real estate and properties transactions valued at 3.96 billion in total during the week ending 28 January 2021. The sum of transactions was 1,257.
86 plots were sold for AED 307.81 million, 621 apartments and villas were sold for AED 1.03 billion.
The top three transactions were a land in Island 2 sold for AED 43.5 million, followed by a land that was sold for AED 30 million in Al Thanayah Fourth, and a land sold for AED 43.5 million in Island 2 in third place.
Nad Al Shiba Third recorded the most transactions for this week by 33 sales transactions worth AED 79.67 million, followed by Al Yufrah 3 with 13 sales transactions worth AED 10.4 million, and Al Yufrah 2 with 8 sales transactions worth AED 6 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 132 million in Marsa Dubai, an apartment was second in the list sold for AED 86 million in Burj Khalifa, and thirdly it was an apartment sold for AED 76 million in Business Bay.
The sum of the amount of mortgaged properties for the week was 2 billion, with the highest being a land in Palm Jumeirah, mortgaged for AED 563 million.
73 properties were granted between first-degree relatives worth AED 311 million.
-Ends-
*First-degree relatives comprise an individual’s parents, siblings, children, or a fully owned company by an individual.
© Press Release 2021
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