Search DubaiPRNetwork.com

Dubai and UAE

Friday, May 13, 2022/ Editor

Home >> Local News and Government

Summary of Weekly Real Estate Transactions for the Week Ending 13 May 2022.

Home >> Local News and Government

Dubai: The real estate and properties transactions valued at 8 billion in total during the week ending 13 May 2022. The sum of transactions was 2,347.
 207 plots were sold for AED 1.47 billion, 1,652 apartments and villas were sold for AED 3.75 billion.


 The top three transactions were a land in Al Hebiah Fifth sold for AED 127.8 million, followed by a land that was sold for AED 127.24 million in Al Hebiah Fifth, and a land sold for AED 127.8 million in Al Hebiah Fifth in third place.


Al Hebiah Fifth recorded the most transactions for this week by 100 sales transactions worth AED 709.45 million, followed by Al Yufrah 2 with 18 sales transactions worth AED 25.75 million, and Hadaeq Sheikh Mohammed Bin Rashid with 13 sales transactions worth AED 153 million in third place.
 The top three transfers for apartments and villas were an apartment was sold for AED 582 million in Burj Khalifa, an apartment was second in the list sold for AED 354 million in Marsa Dubai, and thirdly it was an apartment sold for AED 309 million in Business Bay.


The sum of the amount of mortgaged properties for the week was 2.7 billion, with the highest being a land in Wadi Al Safa 5, mortgaged for AED 603 million.
72 properties were granted between first-degree relatives worth AED 137 million.

 

 

Share


Previous in Local News and Government

Next in Local News and Government


Home >> Local News and Government Section

Latest Press Release

RTA Completes Traffic Upgrades to Improve Connectivity Between Sheikh Zayed Road and Al Khail Road v ...

Dubai Municipality Announces Registration Opening for the Second Edition of the Food Systems Excelle ...

Emirates Aviation University marks 35 years of supporting the local and global aviation ecosystem

Emirates layers on retrofitted aircraft with latest product, including Premium Economy to more citie ...

Music, Maps, and Stories at the Mohammed Bin Rashid Library in July

New SHEGLAM Daydreamer Mini Palette Turns Pocket-Sized into Power Pigment

GEMS Education launches GEMS School Management (GSM) to deliver world-class schools globally; in adv ...

Dubai Airshow 2025 unveils new features as registration opens, promising unmatched experiences on an ...

Passenger Growth Hits 5% in May

João Almeida: Racing for Glory and Riding for the Team

May Air Cargo Demand Up 2.2% Despite Trade Disruptions

Return to Ritual: Celebrate Self-Care Month with BUFARMA Skincare

Dubai Government Human Resources Department organises 2nd Human Resources Forum of 2025 to discuss e ...

Dubai Customs and Dubai Police: A strategic partnership to protect the homeland and to promote stabi ...

Rediscover family shopping days: REDTAG opens its doors in Al Ain

Dubai Culture Launches Open Call for 14th Sikka Art & Design Festival

Summer Restaurant Week Returns This DSS with Over 65 Exclusive Dining Deals Across Dubai

Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

Zoho Powers Up CRM for Everyone Platform with AI to Elevate Customer Experience

Media's Role in the Age of Algorithms By HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum