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Tuesday, September 28, 2021

Real estate deals in Dubai could reach 1.5 billion dirhams

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The real estate and properties transactions esteemed at Dhs1.5 billion altogether during the week finishing 10 May 2021. The amount of transactions was 621.

50 plots were sold for Dhs216.09 million, 417 apartments and villas were sold for Dhs815.89 million.

The best three transactions were a land in Hadaeq Sheik Mohammed Bin Rashid sold for Dhs16.45 million, trailed by a land that was sold for Dhs16.32 million in Hadaeq Sheik Mohammed Bin Rashid, and a land sold for Dhs16.45 million in Hadaeq Sheik Mohammed Bin Rashid in third spot.

Al Hebiah Third recorded the most transactions during the current week by 14 deals transactions worth Dhs 28.98 million, trailed by Nad Al Shiba Third with 10 deals transactions worth Dhs26.96 million, and Hadaeq Sheik Mohammed Bin Rashid with 8 deals transactions worth Dhs79 million in third spot.

The best three exchanges for apartments and villas were an apartment was sold for Dhs96 million in Marsa Dubai, an apartment was second in the rundown sold for Dhs 72 million in Palm Jumeirah, and thirdly it was a sold for Dhs63 million in Palm Jumeirah.

The amount of the measure of sold properties for the week was 508 million, with the most elevated being a land in Al Nahda First, sold for Dhs140 million.

7 properties were allowed between first-degree family members worth Dhs14 million.

A sum of 1,557 real estate and properties transactions esteemed at Dhs3.4 billion were enlisted during the week finishing sixth May 2021, as indicated by a report gave by the Dubai Land Department (DLD). 111 plots were sold for Dhs486.92 million, 1,027 apartments and villas were sold for Dhs1.87 billion. The best three transactions were a land in Al Thanayah Fourth sold for Dhs37.5 million, trailed by a land that was sold for Dhs37 million in Palm Jumeirah, and a land sold for Dhs37.5 million in Al Thanayah Fourth in third spot.

Dubai Land Department declared as of late that a sum of 6,590 real estate transactions in Dubai were recorded in March 2021, esteemed at about Dhs22.9 billion. As indicated by the real estate notice the area posted a development in number by 43% and a development in esteem by 40% contrasted with March 2020. It additionally noticed that March 2021 recorded the second most noteworthy number of real estate transactions since February 2017.

 

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