11.9 billion dirhams in Dubai real estate transactions in a week

Last week, real estate transactions in Dubai exceeded 11.9 billion dirhams, after implementing 3,242 deals, which included sales worth 7.94 billion dirhams, according to data from the “Dubai Rest” application, affiliated with the Dubai Land Department.

The weekly real estate sales were divided into 2,040 sales of residential units, 180 sales of buildings, and 171 sales of lands, for a total of 2,391 transactions. There were 634 mortgage transactions, worth 1.87 billion dirhams, distributed as 380 transactions for residential units, 97 transactions for buildings, and 157 transactions for land, while the value of gifts amounted to about 2.09 billion dirhams, with 217 transactions, distributed over 169 transactions for residential units, 12 transactions for buildings, and 36 transactions for land.