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Summary of Weekly Real Estate Transactions for the Week Ending 14 January 2022

Friday, January 14, 2022/ Editor -  

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Dubai - UAE: The real estate and properties transactions valued at 4.5 billion AED in total during the week ending 14 January 2022. The sum of transactions was 1,559.


 219 plots were sold for AED 1.12 billion, 1,022 apartments and villas were sold for AED 2.25 billion.
 The top three transactions were a land in Island 2 sold for AED 75 million, followed by a land that was sold for AED 75 million in Island 2, and a land sold for AED 75 million in Island 2 in third place.


Jabal Ali First recorded the most transactions for this week by 99 sales transactions worth AED 227.19 million, followed by Al Hebiah Fifth with 44 sales transactions worth AED 97.93 million, and Wadi Al Safa 5 with 8 sales transactions worth AED 37 million in third place.


 The top three transfers for apartments and villas were an apartment was sold for AED 380 million in Marsa Dubai, an apartment was second in the list sold for AED 271 million in Business Bay, and thirdly it was an apartment sold for AED 186 million in Burj Khalifa.


The sum of the amount of mortgaged properties for the week was 958.64 million, with the highest being a land in Wadi Al Safa 3, mortgaged for AED 199 million.
48 properties were granted between first-degree relatives worth AED 221 million.

 


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