Dubai's real estate transactions recorded on Wednesday amounted to 1.7 billion dirhams through 600 deals. Sales reached 1.34 billion dirhams from 480 transactions, with the highest being in Al-Barari at 144 million dirhams, Palm Jumeirah at 141 million, and Al Yelayis 1 at 96.5 million dirhams. Gifts totaled 72 million dirhams across 29 deals, the largest of which were in Dubai Marina at 22.5 million, Al Minar at 15.5 million, and the Grand Souk at 12 million dirhams. Mortgages amounted to 301.2 million dirhams for 91 transactions, with prominent deals including Airport City at 91.5 million dirhams, Jumeirah Islands at 40.2 million, and Al Quoz Industrial 4 at 20.5 million dirhams.
Dubai: 1.7 Billion Dirhams from 600 Real Estate Deals
Dubai records massive real estate deals, with sales, gifts, and mortgages totaling over 1.7 billion dirhams.