Real estate transactions in Dubai recorded more than 2.99 billion dirhams, at the end of yesterday’s transactions, at the beginning of this week’s transactions, which included sales worth 2.11 billion dirhams, after implementing 785 transactions.
Monitoring conducted by Emirates Today, based on data from the Dubai Land Department, showed that the highest areas in terms of real estate sales were the (Al-Yafra 1) area, with a value of 276.37 million dirhams, resulting from the implementation of 37 deals, then the “Wadi Al Safa 5” area, with an amount of 142.15 million dirhams. dirhams, resulting from the implementation of 34 deals, then the Business Bay area, with approximately 89.35 million dirhams, resulting from the implementation of 43 deals.
The value of daily mortgages reached 790.33 million dirhams through 173 procedures, while the value of daily real estate donations amounted to about 93.87 million dirhams through 46 procedures. Thus, the real estate sector in Dubai continues to record unprecedented booms, amid increasing demand for various types of residential and commercial properties, which confirms the continued growth of the emirate of Dubai’s attractiveness as a global investment destination, and the importance of the sector as a strong economic pillar that supports development and sustainable growth.
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