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Summary Of Weekly Real Estate Transactions For The Week Ending 11 February 2021

The real estate and properties transactions valued at 4.43 billion in total during the week ending 11 February 2021. The sum of transactions was 1,270.

64 plots were sold for AED 424.86 million, 846 apartments and villas were sold for AED 1.35 billion.

The top three transactions were a land in SaihShuaib 3 sold for AED 86.87 million, followed by a land that was sold for AED 39 million in Island 2, and a land sold for AED 86.87 million in SaihShuaib 3 in third place.

Nad Al Shiba Third recorded the most transactions for this week by 9 sales transactions worth AED 21.63 million, followed by Al Hebiah Third with 9 sales transactions worth AED 22.57 million, and Hadaeq Sheikh Mohammed Bin Rashid with 6 sales transactions worth AED 21 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 195 million in Marsa Dubai, an apartment was second in the list sold for AED 157 million in Business Bay, and thirdly it was an apartment sold for AED 98 million in BurjKhalifa.

The sum of the amount of mortgaged properties for the week was 2 billion, with the highest being a land in Al Raffa, mortgaged for AED 918 million.

45 properties were granted between first-degree relatives worth AED 197 million.

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