Summary of Weekly Real Estate Transactions for the Week Ending 08 July 2021

Dubai, July 08, 2021: The real estate and properties transactions valued at 5.3 billion in total during the week ending 08 July 2021. The sum of transactions was 1,705.

102 plots were sold for AED 628.89 million, 1,164 apartments and villas were sold for AED 2.35 billion.

The top three transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED 86 million, followed by a land that was sold for AED 61 million in Island 2, and a land sold for AED 86 million in Hadaeq Sheikh Mohammed Bin Rashid in third place.

Nad Al Shiba First recorded the most transactions for this week by 17 sales transactions worth AED 39.06 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 16 sales transactions worth AED 204.95 million, and Jumeirah First with 12 sales transactions worth AED 102 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 374 million in Marsa Dubai, an apartment was second in the list sold for AED 216 million in Burj Khalifa, and thirdly it was an apartment sold for AED 200 million in Palm Jumeirah.

The sum of the amount of mortgaged properties for the week was 1 billion, with the highest being a land in Business Bay, mortgaged for AED 250 million.

97 properties were granted between first-degree relatives worth AED 984 million.