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Summary Of Weekly Real Estate Transactions For The Week Ending 04 February 2021

The real estate and properties transactions valued at 3.35 billion in total during the week ending 04 February 2021. The sum of transactions was 1,332.

54 plots were sold for AED 195.34 million, 802 apartments and villas were sold for AED 1.41 billion.

The top three transactions were a land in Al Thanayah Fourth sold for AED 37.5 million, followed by a land that was sold for AED 17.25 million in Al Barsha South Fifth, and a land sold for AED 37.5 million in Al Thanayah Fourth in third place.

Nad Al Shiba Third recorded the most transactions for this week by 20 sales transactions worth AED 47.85 million, followed by Al Yufrah 2 with 12 sales transactions worth AED 11.72 million, and Hadaeq Sheikh Mohammed Bin Rashid with 5 sales transactions worth AED 41 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 144 million in Business Bay, an apartment was second in the list sold for AED 138 million in Marsa Dubai, and thirdly it was an apartment sold for AED 96 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 Um Hurair First, mortgaged for AED 280 million.

98 properties were granted between first-degree relatives worth AED 323 million.

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