Today: 5 July 2025
9 July 2021
1 min read

Dubai sees AED5.3 bn of weeklong real estate transactions

102 plots were sold for AED628.89 million, 1,164 apartments and villas were sold for AED2.35 billion…reports Asian Lite News

A total of 1,705 real estate and properties transactions valued at AED5.3 billion were recorded in total during the week ending 8th July 2021, according to Dubai Land Department (DLD).

102 plots were sold for AED628.89 million, 1,164 apartments and villas were sold for AED2.35 billion, the DLD weekly report noted.

The top three transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED86 million, followed by a land that was sold for AED61 million in Island 2, and a land sold for AED86 million in Hadaeq Sheikh Mohammed Bin Rashid in third place.

Nad Al Shiba First recorded the most transactions for this week by 17 sales transactions worth AED39.06 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 16 sales transactions worth AED 204.95 million, and Jumeirah First with 12 sales transactions worth AED102 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED374 million in Marsa Dubai, an apartment was second in the list sold for AED216 million in Burj Khalifa, and thirdly it was an apartment sold for AED200 million in Palm Jumeirah.

The sum of the amount of mortgaged properties for the week was AED1 billion, with the highest being a land in Business Bay, mortgaged for AED250 million.

97 properties were granted between first-degree relatives worth AED984 million.

ALSO READ: Dubai high-rise construction makes a comeback

Previous Story

UAE, US discuss combatting money laundering & terror financing

Next Story

New Delhi rejects OIC offer to assist India-Pak talks

Latest from -Top News

BRICS must break the digital chains

BRICS nations need to build consensus, balance innovation and social justice by reinforcing the digital sovereignty of Global South, including evenly distribution of benefits through AI, writes Baidya Bikash Basu BRICS, the

G42 AI tool boosts procurement by 40%

Abu Dhabi’s tech giant leads the charge in AI-driven operational transformation with (In)Business Procurement platform. Abu Dhabi-based global technology powerhouse G42 has taken a major leap in enterprise digital transformation with the

ADX, banks launch region’s first digital bond

Abu Dhabi Securities Exchange (ADX) has launched the pricing phase for the region’s first distributed ledger technology (DLT)-based bond, setting a new benchmark in financial innovation and blockchain integration. The bond, issued

Saudi, Indonesia seal $27bn in deals

Saudi Arabia and Indonesia deepen ties with $27bn in agreements, boosting trade, energy, defence and pilgrimage cooperation, signalling a new chapter in strategic partnership. Saudi Arabia and Indonesia inked a raft of

UN urges investments in Syria

Rebuilding Syria requires not only emergency relief but sustained investment in basic services, economic recovery, and stability, says UN Office in Syria. A high-level United Nations delegation has called for increased international
Go toTop

Don't Miss

Mohamed bin Zayed receives Croatian Prime Minister at Expo 2020

Sheikh Mohamed and Plenkovic discussed ways of boosting bilateral cooperation

UAE President pledges support for Yemen’s peace

UAE President and visiting Chairman of Yemen’s Presidential Leadership Council