Summary of Weekly Real Estate Transactions for the Week Ending 15 April 2021

United Arab Emirates -  April 17, 2021:    The real estate and properties transactions valued at 4.3 billion in total during the week ending 15 April 2021. The sum of transactions was 1,733.

135 plots were sold for AED 630.04 million, 1,107 apartments and villas were sold for AED 2.05 billion.

The top three transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED 53 million, followed by a land that was sold for AED 51.4 million in Wadi Al Safa 3, and a land sold for AED 53 million in Hadaeq Sheikh Mohammed Bin Rashid in third place.

Al Hebiah Third recorded the most transactions for this week by 22 sales transactions worth AED 54.07 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 21 sales transactions worth AED 188.92 million, and Nad Al Shiba Third with 17 sales transactions worth AED 44 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 289 million in Marsa Dubai, a villa was second in the list sold for AED 239 million in Hadaeq Sheikh Mohammed Bin Rashid, and thirdly it was an apartment sold for AED 145 million in Burj Khalifa.

The sum of the amount of mortgaged properties for the week was 1 billion, with the highest being a land in Al Mamzer, mortgaged for AED 490 million.

73 properties were granted between first-degree relatives worth AED 359 million.