A total of 1,617 real estate and properties transactions were valued at 5.4 billion during the week ending 29 July 2021, according to Dubai Land Department (DLD).
The DLD weekly report said 88 plots were sold for AED 620.22 million, 1,135 apartments and villas were sold for AED 2.27 billion.
The main three transactions were land in Island 2 dealt for AED 121 million, followed by land that was sold for AED 50.27 million in Pal, Deira, and land sold for AED 121 million in Island 2 in third place.
Nad Al Shiba First reported the most transactions for this week by 19 deals worth AED 66.09 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 9 sales transactions worth AED 132.16 million, and Jumeirah First with 9 deals worth AED 62 million in third place.
The main three transfers for apartments and villas were an apartment was sold for AED 405 million in Marsa Dubai, an apartment was second on the list sold for AED 246 million in Business Bay, and on the third place, it was an apartment sold for AED 228 million in Palm Jumierah.
The total amount of mortgaged properties for the week was 3 billion, with the highest being land in Al Wasl, mortgaged for AED 1 billion.
24 properties were granted between first-degree relatives costing AED 73 million.