Summary of Weekly Real Estate Transactions for the Week Ending 08 October 2020
United Arab Emirates, October 08, 2020: The real estate and properties transactions valued at AED 4.7 billion in total during the week ending 08 October 2020. The sum of transactions was 1,268.
64 plots were sold for AED 420.45 million, 733 apartments and villas were sold for AED 1.31 billion.
The top three transactions were a land in Um Hurair Second sold for AED 88.8 million, followed by a land that was sold for AED 55.3 million in Saih Shuaib 4, and a land sold for AED 88.8 million in Um Hurair Second in third place.
Nad Al Shiba Third recorded the most transactions for this week by 20 sales transactions worth AED 49.91 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 11 sales transactions worth AED 61.1 million, and Al Hebiah Fourth with 4 sales transactions worth AED 9 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 168 million in Burj Khalifa, an apartment was second in the list sold for AED 107 million in Marsa Dubai, and thirdly it was a sold for AED 73 million in Al Thanayah Fourth.
The sum of the amount of mortgaged properties for the week was 3 billion, with the highest being a land in Business Bay, mortgaged for AED 1 billion.
93 properties were granted between first-degree relatives worth AED 431 million.
ShareHome >> Real Estate and Construction Section
NHRI Organizes Ninth Knowledge Lab on Workers' Rights
Mercato Wows Visitors with Circus Spectacles, Iconic Slide, and Weekly Cash Prizes This DSS!
RTA Calls on Motorists to Perform Routine Vehicle Checks and Servicing
Dubai Municipality launches ‘Future Talents' programme to train 200 students in future skills
Cigna Healthcare Becomes First Health Partner for UAE Startup Ecosystem Ignyte
FDF hosts dialogue forum to showcase services in Al Khatim
Dubai Open Tennis Academies Championship Concludes with Resounding Success
UAEREP's 12th Rain Enhancement Hub Webinar Session Explores Eco-Friendly Cloud Seeding Technologies
DSS 2025 Unveils AED 20 Million In Prizes With Citywide Raffles and Retail Promotions
Emirates SkyCargo doubles down on providing exceptional customer experience
The Emirates A350 begins regular operations to Muscat
Zoho Strengthens Support for UAE's Tech Sector By Partnering with DART
Dubai Launches Landmark Initiative Further Enabling First-Time Homeownership
SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data
'School of Life' Brings a Summer of Enriching Experiences to Public Libraries