The value of real estate transactions in the Dubai Land Department today amounted to more than 990 million dirhams.
The department witnessed the registration of 290 pledges of allegiance worth 620.93 million dirhams, including 48 pledges of land with a value of 198.14 million dirhams and 242 sales of apartments and villas with a value of 422.79 million dirhams.
The most important land pledges worth 66 million dirhams in the first area of Me’aisem, followed by a pledge of 11 million dirhams in the Wadi Al-Safa 2 area, and then a pledge of 10 million dirhams in the fifth Al-Habih area.
Al Habiyah Fifth District topped the regions in terms of the number of allegiances, with 22 pledges worth 69 million dirhams, followed by the first Jebel Ali area with 9 pledges of 23 million dirhams, and the third in Al Yafra 2 with 5 pledges of 6 million dirhams.
As for the most important sales of apartments and villas, a pledge of 25 million dirhams in the Burj Khalifa area came as the most important pledge, followed by a pledge of 12 million dirhams in the Palm Jumeirah area, and finally a pledge of 10 million dirhams in the Island 2 area.
The Business Bay region topped the regions in terms of the number of pledges of allegiance to apartments and villas, with 54 pledges of 71 million dirhams, followed by Al Barsha South of the Fourth with 17 pledges of 14 million dirhams, and the third in Airport City with 17 pledges of 33 million dirhams.
Mortgages registered 367.44 million dirhams, including 14 mortgages of land, worth 21.15 million dirhams, and 62 mortgages of villas and apartments, worth 346.28 million dirhams. Dirhams in the fourth fold area.
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