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Saturday, November 23, 2024

Home Business Dubai logs over $2.34b in weeklong real estate transactions

Dubai logs over $2.34b in weeklong real estate transactions

by News desk
March 26, 2023
in Business

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A total of 3,164 real estate transactions worth AED8.6 billion were conducted during the week ending 24th March, 2023, according to figures released by the Dubai Land Department (DLD).

The DLD report said that 218 plots were sold for AED1.9 billion, while apartment and villa sales stood at 2,177, totalling AED4.73 billion.

The top three sales were two lands sold in Palm Jumeirah worth AED550 million and AED74 million, and a land worth AED70 million in Al Thanyah Fourth.

The top three apartment and villa transfers were an AED61 million unit in Mankhool, an AED54 million unit in Palm Jumeirah, and an AED52 million unit in Marsa Dubai.—Zawya News