Search DubaiPRNetwork.com

Dubai and UAE
Home >> Real Estate & Retail

Summary of Weekly Real Estate Transactions for the Week Ending 19 August 2022

Friday, August 19, 2022/ Editor -  

Share

Home >> Real Estate & Retail

 Dubai, United Arab Emirates: The real estate and properties transactions valued at AED 10.3 billion in total during the week ending 19 August 2022. The sum of transactions was 3,149.
 344 plots were sold for AED 2.55 billion, 2,239 apartments and villas were sold for AED 3.94 billion.


 The top three transactions were a land in Al Wasl sold for AED 400.18 million, followed by a land that was sold for AED 205 million in Hadaeq Sheikh Mohammed Bin Rashid, and a land sold for AED 400.18 million in Al Wasl in third place.


Al Hebiah Fifth recorded the most transactions for this week by 173 sales transactions worth AED 475.48 million, followed by Jabal Ali First with 70 sales transactions worth AED 284.36 million, and Al Yufrah 2 with 28 sales transactions worth AED 35 million in third place.


 The top three transfers for apartments and villas were an apartment was sold for AED 600 million in Business Bay, an apartment was second in the list sold for AED 437 million in Palm Jumeirah, and thirdly it was an apartment sold for AED 406 million in Burj Khalifa.


The sum of the amount of mortgaged properties for the week was 3.74 billion, with the highest being a land in Al Mamzer, mortgaged for AED 1 billion.
80 properties were granted between first-degree relatives worth AED 110 million. 

 


Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

KANZ Jewels Hosts Spectacular Golden Evening with Bollywood Sensation Padma Shri ...

Lg Brings 'Reinventing Together' Theme To The UAE For Two-Day Middle East And Af ...

UAE announces US$50 million commitment to the Lives and Livelihoods Fund 2.0 to ...

DOMOTEX Middle East 2024 Kicks Off in Dubai, Set to Transform the Regional Floor ...

Dubai Culture supports UAE's participation in Venice Biennale

UAE and Oman establish investment partnerships worth AED 129 billion to deepen c ...

Manchester City Players In Starting Line-Up For Etihad At Zayed International Ai ...

Uruguay bullish about GCC beef and lamb export prospects

Dubai Airports back to normal operations

MEDCARE WOMEN & CHILDREN HOSPITAL leads the way in advanced Gene Therapy with 10 ...

FIA President Attends Top-level Meetings in China in Light of the First Chinese ...

Ministry of Economy to launch ‘National Forum for SMEs - Government Procurement' ...

4500 Experts and Enthusiasts Converge in Dubai for the Machines Can See 2024

Hitachi Energy and SP Energy Networks to boost renewable energy flow

Union Coop Supports the Community Through Weather Adversity

Ministry of Finance's Federal Suppliers Register Enhances Government Procurement

What's Your Flayva? Here's Ten Tasty Dishes From Around The World, Each For Unde ...

Hysek reveals iconic timepieces at Watches & Wonders 2024

Second Industrialists Career Exhibition launches in Abu Dhabi in presence of HE ...

Pogačar triumphs at Liege-Bastogne-Liege