Dubai (Al-Ittihad) The real estate transactions in the Dubai Land Department during the week ending today amounted to more than 8.9 billion dirhams. This week, the department witnessed the registration of 1,787 pledges of allegiance, worth 7.79 billion dirhams, of which 227 pledged allegiance to land, worth 4.35 billion dirhams, and 1,560 pledges of allegiance to apartments and villas, worth 3.44 billion dirhams. The most important land sales worth Dhs988 million in the Airport City area were followed by a pledge of Dhs259 million in Al Yafra 1 area, and then a pledge of Dhs255 million in Al Sufouh II. Al Habiyah Fifth District topped the regions in terms of the number of allegiances, with 66 pledges of allegiance worth 221 million dirhams, followed by Nad Al Sheba First area with 39 pledges of 184 million dirhams, and the third in Jebel Ali First, with 33 pledges of 136 million dirhams. With regard to the most important sales of apartments and villas, a pledge of 90 million dirhams was pledged in the fourth al-Thaniya area, followed by a pledge of 83 million dirhams in the Palm Jumeirah area, and finally a pledge of 39 million dirhams in the Palm Jumeirah area. The Business Bay region topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 182 pledges worth 293 million dirhams, followed by Dubai Marina with 125 pledges of 328 million dirhams, and a third in Al Barsha South of the third, with 123 pledges worth 73 million dirhams. Mortgages recorded a value of 930.7 million dirhams, including 87 mortgages of land with a value of 358.22 million dirhams and 298 mortgages of villas and apartments worth 572.47 million dirhams. As for the donations, 145 donations worth 205.3 million dirhams were registered, the most important of which were in the Palm Jumeirah area with a value of 40 million dirhams and another in the Dubai Marina with a value of 35 million dirhams.
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