Dubai: Real estate deals worth Dh962 million have been concluded in the emirate on 13 June.
As per Dubai Land Department, 317 deals worth Dh776.38 million, containing 17 land deals worth Dh145.08 million, and 300 sales of apartments and villas that sold for Dh631.3 million.
The most important land deals worth Dh63 million were for a land plot in Al Hebiah First, then a land sold for Dh20 million in Al Thanyah Fourth, and Dh15 million was the cost of land in Sheikh Mohammed bin Rashid Gardens.
Al Hebiah fourth is first in terms of the number of deals, with 4 sales worth Dh22 million, then comes Al Hebiah Third, with 4 sales worth Dh8 million, whereas the Sheikh Mohammed bin Rashid Gardens came third with two sales worth Dh21 million.
As for the most important deals of apartments and villas, a deal of Dh120 million was struck in The Palm Jumeirah then comes a Dh21 million deal in Burj Khalifa and finally a deal of Dh16 million in Me’aisem First.
The Sheikh Mohammed bin Rashid Gardens witnessed 63 deals of apartments and villas for Dh111 million, then comes Burj Khalifa that recorded 33 sales worth Dh 100 million, whereas Dubai Marina saw 31 transactions worth Dh80 million.
The value of mortgages accounted for Dh147.66 million, of which 13 mortgages for lands valued at Dh34.04 million, and 58 mortgages for villas and apartments cost Dh113.62 million.
The most important of which was concluded in Al Thanyah Fourth for a mortgage of Dh15 million, and another one in the Mohammed bin Rashid Gardens with a total of Dh14 million.
As for the grants, 18 grants costing Dh38.85 million were registered across Dubai, the most important of which was in the Palm Jumeirah area, with a cost of Dh11 million, and another in Al Safa Second, with a cost of Dh9 million.