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Dubai actual property sector recorded $5.9bn of transactions final week, together with $2.1bn of mortgages

Dubai actual property sector recorded .9bn of transactions final week, together with .1bn of mortgages


The Dubai actual property sector recorded AED21.62bn ($5.9bn) of transactions final week, in line with information from the Land Division.

Gross sales transactions dominated the figures, with AED12.32bn ($3.4bn), in line with Land Division information.

In complete there have been 4,154 gross sales transactions recorded between August 4 and August 8.

Dubai actual property final week

Among the many costliest gross sales transactions listed on the Land Division web site had been:

  • An workplace in Enara by Omniyat in Enterprise Bay offered for AED74.9m ($20.4m)
  • An condominium in The Alba Residences in Palm Jumeirah offered for AED50.2m ($13.7m)
  • An condominium in Casa Canal at Dubai Water Canal offered for AED50m ($13.6m)

The Land Division additionally confirmed mortgage offers price AED7.87bn ($2.1bn) final week.

Present transactions in the identical interval had been valued at AED1.43bn ($389m).

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