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Yesterday real estate deals in Dubai hit a billion dirhams

UAE - September 1, 2015
Dubai real estate deals

The value of real estate deals sealed yesterday in Dubai reached 1.07 billion dirhams according to Dubai Lands and Properties Department.

The department registered transactions of 531 million dirhams including 158 land deals worth 450 million and 64 apartment and villa deals worth 81 million dirhams.

The department registered also properties mortgages of 539 million dirhams including 21 land mortgages worth 467 million dirhams and 44 villas and apartments mortgages worth 72 million dirhams.

Al Hebiah Third area witnessed the highest value of real estate transactions in Dubai counting 45 deals worth 89 million dirhams, Al Yafra 3 came second with 15 deals worth 24 million dirhams.

As for the most significant apartments and villas transactions; an apartment was sold in Khalifa Tower for 5 million dirhams to top the apartments’ transactions of yesterday. A 4-million apartment deal followed in Jumeirah Palm, then a 3-million dirham deal in Al Thaniya Third district.

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