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The real estate and properties transactions valued at 4.9 billion in total during the week ending 18 February 2021. The sum of transactions was 1,277.
80 plots were sold for AED 417.81 million, 776 apartments and villas were sold for AED 1.23 billion.
The top three transactions were a land in Jabal Ali Industrial Second sold for AED 77.7 million, followed by a land that was sold for AED 36.5 million in Island 2, and a land sold for AED 77.7 million in Jabal Ali Industrial Second in third place.
Nad Al Shiba Third recorded the most transactions for this week by 24 sales transactions worth AED 58.52 million, followed by Al Hebiah Fourth with 8 sales transactions worth AED 27.8 million, and Hadaeq Sheikh Mohammed Bin Rashid with 5 sales transactions worth AED 21 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 153 million in Marsa Dubai, an apartment was second in the list sold for AED 112 million in Business Bay, and thirdly it was an apartment sold for AED 91 million in BurjKhalifa.
The sum of the amount of mortgaged properties for the week was 3 billion, with the highest being a land in Wadi Al Safa 7, mortgaged for AED 709 million.
50 properties were granted between first-degree relatives worth AED 375 million.
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