Money and business

6.94 billion dirhams, the value of land sale deals at the top of 5 regions in Dubai during January

A report prepared by «Emirates Today», based on the data of the Dubai Land Department in Dubai, monitored the highest five areas that witnessed land sale deals in the Dubai Real Estate Market in terms of value, during last January, and reached about 6,943 billion dirhams.

According to the data of the department, after the implementation of the regions, after the implementation of 92 transactions to sell land for the commercial purpose, at a total value of 1.984 billion dirhams on an area of ​​68.312 million square feet.

The airport city area ranked second, after the implementation of four housing land deals with a total value of about 1.531 billion dirhams, with an area of ​​523.21 million square feet.

The “Al -Affra 1” area ranked third, recording 1.278 billion dirhams, with an area of ​​100.846 million square feet, after the implementation of 211 transactions.

The monitoring showed that the “Hind City 4” area ranked fourth with a total value of 1.138 billion dirhams, with a total area of ​​76.70 million feet after the implementation of 548 deals.

In the fifth place, the “Al -Yais 1” area, which recorded 1.012 billion dirhams, came with a total area of ​​125.9 million square feet, after the implementation of 672 transactions.

According to the department’s data, land sales, last January, achieved 20.8 billion dirhams, resulting in 2733 transactions, and Dubai real estate sales in the same period reached about 44 billion dirhams, resulting in 14 thousand and 60 transactions, a growth of 24.3% by value, and 24. 6% in terms of number, compared to the same month in 2024, which recorded 35.4 billion dirhams, through 11 thousand and 283 transactions.

For his part, Nader Talaat, CEO of Al -Aqi Real Estate, stressed that the standard sales recorded by the real estate sector in the emirate, during January 2025, will contribute to strengthening Dubai’s position and one of the most powerful real estate markets in the world, and its entrepreneurial position as one of the most real estate destinations will consolidate it. Regional and globally.

He explained that there are several factors that supported the momentum of real estate sales in Dubai, during January of this year, explaining that it comes at the forefront of these factors, the growth of Dubai economy, the activity of the tourism sector, in addition to facilities for obtaining residency in the city, which is the best in the world in living and working.

He expected that the real estate market will continue to record exceptional levels in the coming months of 2025, with the continuation of the standard momentum, thanks to the strong demand for all different real estate groups.

He stressed that the real estate sector in Dubai recorded an unprecedented boom last year, amid the increasing demand for various types of residential and commercial real estate, which confirms the growing continuous gravity of Dubai is a global investment destination.

• “Airport City” came second, after the implementation of 4 deals to sell residential lands of 1.531 billion dirhams.

Related Articles

Back to top button