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219 plots sold for AED 1.46 billion, 1,418 apartments and villas sold for AED 2.81 billion
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Highest deal of the week was a plot of land in Palm Jumeirah that sold for AED 330 million
DUBAI: Dubai Land Department (DLD) recorded a total of 2,069 real estate and property transactions with a gross value of 10.7 billion ($2.9billion) during the week ending 10 June 2021.
According to the DLD weekly report, 219 plots were sold for AED 1.46 billion, 1,418 apartments and villas were sold for AED 2.81 billion.
The top three transactions were a plot of land in Palm Jumeirah that sold for AED 330 million, followed by a plot of land that was sold for AED 71.22 million in Al Safouh Second, and land that sold for AED 50 million in the Burj Khalifa area in third place.
Al Hebiah Fourth recorded the most transactions for this week with 101 sales transactions worth AED 438.82 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 18 sales transactions worth AED 212.58 million, and Al Hebiah Third with 15 sales transactions worth AED 34 million in third place.
The top three transfers for apartments and villas were a villa that sold for AED 341 million in Dubai Investment Park First, an apartment that sold for AED 284 million in Marsa Dubai, and the third an apartment that sold for AED 283 million in Al Merkadh.
The sum of the amount of mortgaged properties for the week was 6 billion, with the highest being a plot of land in Al Warsan Second, which was mortgaged for AED 4.7 billion.
As many as 51 properties worth AED 771 million were granted between first-degree relatives.