Dubai: The real estate and properties transactions valued at AED 3.2 billion in total during the week ending 30 November 2021. The sum of transactions was 1,186.
120 plots were sold for AED 556.72 million, 787 apartments and villas were sold for AED 1.72 billion.
The top three transactions were a land in Island 2 sold for AED 60 million, followed by a land that was sold for AED 22.5 million in Hadaeq Sheikh Mohammed Bin Rashid, and a land sold for AED 60 million in Island 2 in third place.
Jabal Ali First recorded the most transactions for this week by 49 sales transactions worth AED 138.8 million, followed by Nad Al Shiba Third with 12 sales transactions worth AED 33.1 million, and Al Yufrah 3 with 11 sales transactions worth AED 10 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 310 million in Marsa Dubai, an apartment was second in the list sold for AED 214 million in Palm Jumeirah, and thirdly it was an apartment sold for AED 173 million in Burj Khalifa.
The sum of the amount of mortgaged properties for the week was 898.43 million, with the highest being a land in Al Qusais Industrial First, mortgaged for AED 77 million. 48 properties were granted between first-degree relatives worth AED 120 million.
*First-degree relatives comprise an individual’s parents, siblings, children, or a fully owned company by an individual.
© Press Release 2021