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According to the Dubai Land Department (DLD), in the week ending August 11, 2021, there were 1,188 real estate and real estate transactions with a total value of US$4.7 billion.
The weekly DLD report stated that 116 plots were sold for AED 654 million and 1,072 apartments and villas were sold for AED 2.28 billion.
The top three transactions were the sale of land on Island 2 for Dh56 million, followed by the sale of land on Hadaeq Sheikh Mohammed Bin Rashid for Dh30.62 million, and the sale of land on the Second Island for Dh56 million. the third.
Nad Al Shiba Third has the highest transaction volume this week, with 21 sales transactions valued at AED 59.14 million, followed by Jabal Ali First with 19 sales transactions valued at AED 56.38 million, and Hadaeq Sheikh Mohammed Bin Rashid with 15 sales. Transaction valued at AED 218 million ranked third.
The top three transfers of apartments and villas were the sale of apartments in Dubai Massa for AED 279 million, the second largest villa in Wadi Al Safa 5 for AED 228 million, and the third with 164 million. The price of the apartment for sale in Um Suqaim is the third.
The total amount of mortgaged properties this week was 2 billion, the highest being a piece of land in Al Hebiah First, which was mortgaged for AED 333 million.
Among the first-degree relatives, 47 properties were awarded with a value of 107 million dirhams.
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