DUBAI – A whole of 1,277 housing and property deals costing AED4.9 billion were recorded during the week ending 18th February 2021.
Eighty plots were traded for AED417.82 million, whole 776 apartments and villas were traded for AED1.23 billion.
The top three deals were land transactions in Jebel Ali Industrial Second sold for AED77.7 million, then comes a plot of land sold for AED36.5 million in Island 2, and another plot sold for AED77.7 million in Jebel Ali Industrial Second in third place.
Nad Al Sheba Third registered the biggest number of deals, 24, costing AED58.52 million, then comes Al Hebiah Fourth with eight deals costing AED27.8 million, and Hadaeq Sheikh Mohammed bin Rashid with five deals costing AED21 million in third place.
The main three transfers for apartments and villas were apartment deals for AED153 million in Marsa Dubai; an apartment for AED112 million in Business Bay, and apartment deals for AED91 million in Burj Khalifa.
The cost for loaned properties in the week was AED3 billion with the highest being a plot for land in Wadi Al Safa 7, loaned for AED709 million.
Fifty properties were given records between first-degree relatives for AED375 million.