Dubai’s real estate and property deals reached a total of $1.9 billion(AED 7.1 billion) aver 1,746 deals during the week ending April 1.
In comparison, the figure for deals in the last week was 1,131, with a total cost of AED 3 billion.
The biggest deal was for a plot at Madinat Dubai Almelaheyah that sold for AED 212.6 million, then comes a plot in Hadaeq Sheikh Mohammed Bin Rashid that sold for AED 53 million. In third place was a piece of land in Madinat Dubai Almelaheyah that sold for AED 212.6 million.
Hadaeq Sheikh Mohammed Bin Rashid registered the most deals with 28, which cost a total of AED 223.92 million. Nad Al Shiba followed with 22, costing a total of AED 55.3 million, followed in turn by Al Hebiah with 8, which cost a whole of AED 26 million.
The main three most expensive apartment deals were a unit cost AED 202 million in Palm Jumeirah, then comes AED 190 million for a property in Marsa Dubai and AED 188 million for an apartment in Burj Khalifa.
The total of the home loans taken for properties during the week was AED 4 billion, with the highest cost being a plot in Marsa Dubai that was home loans for AED 2 billion.
At last, 86 properties cost AED 193 million were dealt between first-degree relatives.