Search DubaiPRNetwork.com

Dubai and UAE
Home >> Real Estate & Retail

Summary of Weekly Real Estate Transactions for the Week Ending 12 May 2023'

Friday, May 19, 2023/ Editor -  

Share

Home >> Real Estate & Retail

Dubai: The real estate and properties transactions valued at AED 9.1 billion in total during the week ending 19 May 2023. The sum of transactions was 3,105.
 191 plots were sold for AED 1.14 billion, 2,284 apartments and villas were sold for AED 6.03 billion.


 The top three transactions were a land in Island 2 sold for AED 135 million, followed by a land that was sold for AED 50 million in Business Bay, and a land sold for AED 50 million in Hadaeq Sheikh Mohammed Bin Rashid in third place.


Al Hebiah Fifth recorded the most transactions for this week by 54 sales transactions worth AED 185.13 million, followed by MADINAT HIND 4 with 34 sales transactions worth AED 50.26 million, and Al Hebiah Third with 14 sales transactions worth AED 53 million in third place.


 The top three transfers for apartments and villas were an apartment was sold for AED 122 million in Island 2, an apartment was second in the list sold for AED 105 million in Palm Jumeirah, and thirdly it was a villa sold for AED 74 million in World Islands.


The sum of the amount of mortgaged properties for the week was 1.68 billion, with the highest being a land in Business Bay, mortgaged for AED 350 million.
77 properties were granted between first-degree relatives worth AED 264 million.

 


Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

Ajman Tourism Unveils Tourism Growth at Arabian Travel Market 2024

EDGE Group and the São Paulo State Government Sign Comprehensive Partnershi ...

Lockheed Martin Successfully Transitions Long Range Discrimination Radar To The ...

Davis & Shirtliff Partners with Trina Solar to Accelerate Solar Energy Adoption ...

Mark your calendars and join us for a Spring Festival Extravaganza at the Town C ...

Experience the Best of Dubai's Food Scene: Dive into the Culinary Delights of ...

What to expect this year at the Emirates stand at ATM

Haut Monde Mrs. India Worldwide Returns for its 13th edition from 1 – 6 May 2024

Art Souk: A Creative Space Celebrating Emerging Talent

All-new 2025 Ram 1500 RHO Offers Best Value, Fortifies Industry's Leading Light- ...

World Art Dubai's 10th Edition Opens Today

PrecisionMed Exhibition & Summit returns to the UAE for its third edition, featu ...

Hitachi Energy announces over $100 million in modernization and upgrade of power ...

Emirates Park Zoo & Resort showcases commitment to sustainable tourism at Arabia ...

5th e-learning initiative offers talent horizons of creativity and innovation

du introduces du Smart Car, an innovative WiFi device with remote monitoring and ...

Exciting Lineup of Recreational Events and Educational Activities at Mohammed Bi ...

Visit Qatar to take centre stage at Arabian Travel Market

Emirates lands in Phnom Penh

Maserati and GranCabrio Trofeo at the Motor Valley Fest 2024