AED 13.4 billion in weeklong real estate transactions in Dubai


Posted March 19, 2022 by maqeelk84

According to Dubai Land Department (DLD), the real estate and property transactions during the week ending 11 March, 2022 were valued at AED13.4 billion.

 
According to the DLD report, there were 2,333 transactions.
There were 245 plots sold for AED2.09 billion, and 1,542 apartments and villas were sold for AED3.29 billion.
The top three transactions were land sold for 198.15 million AED in Trade Centre Second, land sold for 160.14 million AED in Palm Jumeirah, and land sold for 198.15 million AED in Trade Centre Third.
Al Merkadh recorded the most transactions this week with 74 sales transactions worth AED790.01 million; followed by Al Hebiah Fifth with 53 sales transactions worth AED113.52 million; and Wadi Al Safa 5 with 33 sales transactions worth AED170 million in third place.
According to the top three transfers for apartments and villas, an apartment was sold for AED392 million in Marsa Dubai; an apartment was sold for AED359 million in Burj Khalifa, and a villa was sold for AED287 million in Al Wasl.
The total amount of mortgaged properties for the week was AED3.83 billion, with the highest mortgage being AED1 billion on a property in Palm Jumeirah.
AED4 billion worth of properties were granted between first-degree relatives.

Mehmood Shaikhani Gathering Head of Shaikhani Gathering explained, Dubai is seen by completing things on the ideal time, they come up with those considerations where people's trust's it's tremendous, while earlier Dubai was a desert, now nobody can say this was a desert. People like to visit Dubai for events since all workplaces are there including security which may be a fundamental need of life.
Dubai is one the most un-hazardous city to consign where everything is there on the doorstep, accordingly Shaikhani Gathering set aside their money, and they truly have different exercises which are adequately in measure. Shaikhani pack attempts to look out the most un-complex outlines with unfathomable overflows thusly the client can see the value in all of the luxuries at full Shaikhani bunch now handover few exercises in Dubai worth of various dirhams, they everything considered achieve their goal on time which offers the positive smidgen of their advancement. Before long they're going to handover gardenia residency, which is found in Jumeirah town circle, it's been relied upon they're going to handover this endeavor by the most raised spot of 2021 or through and through earlier depending on the working conditions and environment
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Issued By Muhammad Khan
Country United Arab Emirates
Categories Business , Construction , Consumer
Tags dubai , real estate , shaikhani group
Last Updated March 19, 2022