Dubai – Last week, Dubai saw 2,624 transactions in real estate worth AED 800 crore (approximately 17,000 crore). According to Dubai Land Department, 274 plots sold last week. Its estimated value is 115 million dirhams. 1757 transactions saw the sale of apartments and villas valued at Dh400 crore.
Palm Jumeirah was the location that saw the largest value transaction. One plot was purchased for Rs 267 crore. One plot in Al Tanaya Fort was purchased for Rs 112 Crore. In Umm Sukhim Third’s next big deal, the plot was purchased for more than Rs 55 million. Al Hebia Fifth had the most sales last week. In 154 transactions, sales of more than Rs 710 crore were achieved.
Jebel Ali First sold Rs 190 crore through 29 deals, while Al Markaz made around Rs 277 crore through 17 deals. Burj Khalifa was the location that transferred the most apartments and villas. Total 223 transactions totalling more than Rs 1346 crore were completed. Marsa Dubai was the second-largest transfer. The total value of 173 transactions was Rs 1123 crore. Al Jaddaf was the site of 151 transactions. Its total value is more than Rs 432 crore. Industry insiders claim that Dubai is the future of real estate as investors and wealthy people flock to it. https://t.me/newsgulf