Dubai PR Network, Online Press Release from Dubai and Middle East
 
Mall, Retail & Hospitality(Real Estate & Retail)
Filter PR by
  

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

 

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.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 13661 times
PR Category : Real Estate & Retail
Posted on : Friday, May 19, 2023  2:46:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Danube Properties and Dubai Land Department Sign an Agreemen...
Next Story : Summary of Weekly Real Estate Transactions for the Week endi...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Cigna Healthcare Names Leah Cotterill Middle East and Africa CEO, outside KSA [48392-Views]
LG named the official partner of the Esports world cup 2024 in Saudi Arabia [15137-Views]
Bawabat Al Sharq Mall Organizes Fun Run in Collaboration with Abu Dhabi Sports Council [7929-Views]
UAE climate change experts seek youth and academic views [7888-Views]
Zayed National Museum recreates Magan Boat in partnership with Zayed University and New Yo... [7753-Views]
OPPO Launches Unbeatable AI Phone Reno12 Series and TWS Enco X3i in GCC on July 2nd [7208-Views]
Giorgio Armani Eyewear collaborates with renowned Calligrapher Diaa Allam [6675-Views]
UAE and Japan discuss the latest developments in the comprehensive strategic partnership a... [6535-Views]
DSS 2024 brings big savings with over 7,000 offers and free things to do across Dubai [6457-Views]
LG acquires Athom to advance AI-Enabled intelligent Space Business [6326-Views]
Galibier launches Pogačar toward Yellow Jersey [5674-Views]
Union Coop Announces Exciting Promotions for July 2024 [5666-Views]
Say Hello to Summer with Artful Adventures and Exclusive Savings at Hotel Indigo Dubai Do... [5605-Views]
Arabian Horse Racing Meets French Expertise at the Sheikh Mansoor Festival's 16th Edition [5510-Views]
RTA delivers Traffic Safety Awareness Messages to 350,000 Students,holds events attracting... [5490-Views]
School of Life sheds light on emotional intelligence and quality of life this July [5437-Views]
Creative and Unique Events Await Visitors of Mohammed Bin Rashid Library in July [5437-Views]
Mohammed Bin Rashid Library Hosts Poetry Evening on 11 July [5424-Views]
Pogačar retains yellow after 2nd place in time trial [5404-Views]
PG Real Estate Unveils Bold AED 1 Billion Investment Plan [5359-Views]
IATA and ASF to Develop Standard Cabin Waste Composition Audit Program and Drive Circulari... [5330-Views]
Kempinski Hotel Mall of the Emirates hosts Jumeirah College Enterprise Week 2024 [5273-Views]
Malabar Gold & Diamonds strengthens presence in the UK, opens 2nd showroom at Leicester [5129-Views]
Al Ain Summer Sports Begins with Exciting New Sports and Kids Summer Camp at ADNEC Centre ... [5113-Views]
The Authority of Social Contribution Ma'an Signs MoU With Emirates Cancer Society To Pro... [5096-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories