Dh7b of weeklong real estate transactions in Dubai

An aggregate of 1,581 land and properties exchanges were esteemed at Dh7 billion altogether during the week finishing August 5, 2021, as indicated by the Dubai Land Department (DLD). 

The DLD week after week report said that 91 plots were sold for Dh715.83 million, with 1,083 condos and estates were sold for Dh2.53 billion. 

The best three exchanges were land in Me'Aisem First sold for Dh62 million, trailed by a land that was sold for Dh40 million in Madinat Dubai Almelaheyah, and land sold for Dh62 million in Me'Aisem First in the third spot. 

Hadaeq Sheik Mohammed Bin Rashid recorded the most exchanges during the current week by 18 deals exchanges worth Dh275.76 million, trailed by Jumeirah First with 15 deals exchanges worth Dh153.34 million, and Nad Al Shiba First with 11 deals exchanges worth Dh32 million in the third spot. 

The best three exchanges for condos and estates were a loft was sold for Dh508 million in Marsa Dubai, a condo was second in the rundown sold for Dh301 million in Burj Khalifa, and thirdly it was a condo sold for Dh166 million in Palm Jumeirah. 

The amount of the measure of sold properties for the week was Dh4 billion, with the most noteworthy being land in Palm Jumeirah, sold for Dh930 million. 

35 properties were conceded between first-degree family members worth Dh270 million.

Source: Khaleej Times