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Summary Of Weekly Real Estate Transactions For The Week Ending 23 September 2021

The real estate and properties transactions valued at 6.8 billion in total during the week ending 23 September 2021. The sum of transactions was 1,835.

157 plots were sold for AED 1.2 billion, 1,249 apartments and villas were sold for AED 2.6 billion.

The top three transactions were a land in Al Hebiah Fifth sold for AED 190.56 million, followed by a land that was sold for AED 50.03 million in Um Suqaim First, and a land sold for AED 190.56 million in Al Hebiah Fifth in third place.

Al Yufrah 2 recorded the most transactions for this week by 36 sales transactions worth AED 30.94 million, followed by Al Hebiah Third with 31 sales transactions worth AED 77.75 million, and Hadaeq Sheikh Mohammed Bin Rashid with 19 sales transactions worth AED 332 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 314 million in Burj Khalifa, an apartment was second in the list sold for AED 264 million in Marsa Dubai, and thirdly it was an apartment sold for AED 192 million in Palm Jumeirah.

The sum of the amount of mortgaged properties for the week was 3 billion, with the highest being a land in Wadi Al Safa 5, mortgaged for AED 686 million.

76 properties were granted between first-degree relatives worth AED 206 million.

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