World News | Dubai Saw over AED 13.7 Bn in Weeklong Real Estate Transactions: DLD
Get latest articles and stories on World at LatestLY. The DLD report showed that 618 plots were sold for AED 6.19 billion, while 2,410 apartments and villas were purchased for AED 5.63 billion.
Dubai [UAE], July 14 (ANI/WAM): A total of 3,626 real estate transactions worth over AED 13.7 billion were conducted during the week ending July 14, 2023, according to figures released by the Dubai Land Department (DLD).
The DLD report showed that 618 plots were sold for AED 6.19 billion, while 2,410 apartments and villas were purchased for AED 5.63 billion.
The top three transactions were three lands in Al Goze Second sold for AED 68.12 million, AED 67.92 million, and AED 67.56 million.
Al Goze Second recorded the most sales transactions for this week with 271 transactions worth AED 4.4 billion, followed by Al Hebiah Fifth with 142 transactions worth AED 384.78 million, and Madinat Hind 4 with 45 transactions worth AED 60 million.
Also Read | EAM S Jaishankar Meets US Secretary of State Antony Blinken; Discusses Ukraine Issue, Indo-Pacific.
The top three apartment and villa transfers included an apartment in Palm Jumeirah for AED 116 million, another in Madinat Dubai Al Melaheyah worth AED 74 million, and an apartment in Palm Jumeirah worth AED 71 million.
The total value of mortgaged properties for the week reached AED 1.53 billion. Meanwhile, 96 properties were granted between first-degree relatives worth AED 426 million. (ANI/WAM)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)