The total value of land transactions in Dubai today peaked at Dhs477.16 million of which sales exceeded Dhs255 million. The total value of mortgages during the period was Dhs221.67 million, according to the Land Department.
A total of 6 sale transactions were registered with the Department by the end of the day, the most valuable of which was a plot in Emirates Hills Second that was sold for Dhs220 million. The next two most prominent sales saw a second plot in Al Jadaf acquired for the sum of Dhs22.055 million and another in Mirdif for Dhs7.9 million The Mirdif area was the most active in terms of the day's sales, with some 3 transactions. Al Jadaf followed it with 1 sales.
During the period, Emirates Hills Second recorded the highest turnover by value, at Dhs220 million, followed by the Al Jadaf area, Dhs22.06 million, and Mirdif area, Dhs11.43 million.
The biggest area sold was the 34576.15 sq ft in the Emirates Hills Second area, which went for Dhs220 million. A 17252 sq ft plot in the Al Jadaf Area was acquired for Dhs22.06 million, while 10641.41 sq ft of Emirates Hills First was disposed of for Dhs2 million.
During the period under review 4 mortgages worth Dhs219.17 million were registered, the most significant of which as the Dhs209 million for an area at Emirates Hills Second. There was another for Dhs5 million on an area in Al Barsha First. Source
A total of 6 sale transactions were registered with the Department by the end of the day, the most valuable of which was a plot in Emirates Hills Second that was sold for Dhs220 million. The next two most prominent sales saw a second plot in Al Jadaf acquired for the sum of Dhs22.055 million and another in Mirdif for Dhs7.9 million The Mirdif area was the most active in terms of the day's sales, with some 3 transactions. Al Jadaf followed it with 1 sales.
During the period, Emirates Hills Second recorded the highest turnover by value, at Dhs220 million, followed by the Al Jadaf area, Dhs22.06 million, and Mirdif area, Dhs11.43 million.
The biggest area sold was the 34576.15 sq ft in the Emirates Hills Second area, which went for Dhs220 million. A 17252 sq ft plot in the Al Jadaf Area was acquired for Dhs22.06 million, while 10641.41 sq ft of Emirates Hills First was disposed of for Dhs2 million.
During the period under review 4 mortgages worth Dhs219.17 million were registered, the most significant of which as the Dhs209 million for an area at Emirates Hills Second. There was another for Dhs5 million on an area in Al Barsha First. Source
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