Dubai real estate deals exceed 522 million dirhams



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DUBAI – The Real Estate Business in Dubai's Land and Real Estate Department (DDA) on Monday reached over 522 million AEDs

A total of 145 million dirhams, including 19 million sold for land, 61 million dirhams and 126 million villas and villas worth 166 million dirhams.

The most significant land sales were EUR 12 million. AED Jebel Ali Industrial Area, followed by a promise of 6 million AEDs by Sheikh Mohammed Bin Rashid, followed by the promise of five million AEDs in the fifth Al Thineh area.

The Nad Al Sheba area was for the first time in sales, a total of 4 million dirhams and then Wadi Al-Safa 5 totaled 3 million dirhams and a third in the fifth installment totaled 2 million dirhams.

Of the most significant sales of apartments and villas, it was a 6 million AED collateral for Burj Khalifa as the most important sale, after which a 5 million AED commitment was made to the Jaddafi area and finally a 5 million AED pledge to the Dubai Marina area.

The area covers the volume of sales of flats and villas, a total of 41 commitments of 55 million dirhams after the area of ​​Worsan first recorded 16 loyalty value of 8 million dirhams and one third of Dubai Marina by registering 11 shares worth 22 million dirhams.

Mortgages were valued at 295 million AEDs, including 20 countries with a value of 85 million dirhams and 38 villas and apartments with 210 million dirhams, most notably Nad Al Haa with a value of 168 million dirhams and another in Wadi Al Safa 3 37 million dirhams.

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