Dubai: The real estate and properties transactions valued at 4.5 billion AED in total during the week ending 14 January 2022. The sum of transactions was 1,559.
219 plots were sold for AED 1.12 billion, 1,022 apartments and villas were sold for AED 2.25 billion.
The top three transactions were a land in Island 2 sold for AED 75 million, followed by a land that was sold for AED 75 million in Island 2, and a land sold for AED 75 million in Island 2 in third place.
Jabal Ali First recorded the most transactions for this week by 99 sales transactions worth AED 227.19 million, followed by Al Hebiah Fifth with 44 sales transactions worth AED 97.93 million, and Wadi Al Safa 5 with 8 sales transactions worth AED 37 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 380 million in Marsa Dubai, an apartment was second in the list sold for AED 271 million in Business Bay, and thirdly it was an apartment sold for AED 186 million in Burj Khalifa.
The sum of the amount of mortgaged properties for the week was 958.64 million, with the highest being a land in Wadi Al Safa 3, mortgaged for AED 199 million.
48 properties were granted between first-degree relatives worth AED 221 million.
© Press Release 2022
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
