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Dubai records AED11.6 billion in weekly real estate transactions – Business – Economy and Finance

by The Novum Times
15 April 2023
in Middle East
Reading Time: 2 mins read
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 A complete of two,709 actual property transactions price AED11.6 billion had been performed throughout the week ending 14th April 2023, in response to figures launched by the Dubai Land Division (DLD).

The DLD report confirmed that 226 plots had been bought for AED5.76 billion, 2,020 flats and villas had been bought for AED4.43 billion.

The highest three transactions had been an AED3.87 billion land in Mugatrah, adopted by an AED630.8 million land in Al Layan 1, and one other price AED91 million in Al Barsha South Fourth.

Al Hebiah Fifth recorded probably the most transactions for this week with 74 gross sales transactions price AED198.41 million, adopted by Madinat Hind 4 with 34 gross sales transactions price AED44.36 million, and Al Hebiah Fourth with 27 gross sales transactions price AED251 million in third place.

The highest three transfers for flats and villas had been an AED76 million unit, an residence price AED 58 million, and an AED 50 million unit, all positioned in Palm Jumeirah.

The worth of mortgaged properties for the week reached AED1.31 billion. In the meantime, 68 properties had been granted between first-degree relations price AED144 million.
 

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Tags: AED11.6BillionBusinessDubaiEconomyEstateFinancerealrecordstransactionsweekly

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