DUBAI – The real estate and property deals cost AED 4.1 billion in total during the week ending 20 May 2021, as per the Dubai Land Department (DLD).
The total of deals was 1,562.
120 plots were sold for AED 874.43 million, 1,038 apartments and villas were sold for AED 2.03 billion.
The top three deals were land in Al Barsha South Fourth sold for AED 52.5 million, then comes a land that was sold for AED 20 million in Al Thanayah Fourth, and land sold for AED 52.5 million in Al Barsha South Fourth in third place.
Al Hebiah Fourth registered the most deals during the current week with 33 deals transactions worth AED 139.42 million, followed by Al Hebiah Third with 24 deals transactions worth AED 117.74 million, and Hadaeq Sheik Mohammed Bin Rashid with 18 deals transactions worth AED 129 million in the third spot.
The best three transfers for apartments and villas were an apartment was sold for AED 379 million in Marsa Dubai, an apartment was second in the rundown sold for AED 198 million in Palm Jumeirah, and thirdly it was a villa sold for AED 136 million in Hadaeq Sheik Mohammed Bin Rashid.
The amount of the measure of sold properties for the week was 1 billion, with the highest being land in Jabal Ali Industrial First, sold for AED 132 million.
29 properties were allowed between first-degree relatives worth AED 83 million.