Wed. Jun 19th, 2024
Real estate transactions in Dubai reach 3.7 billion dirhams on Thursday

On Thursday, real estate transactions in Dubai’s market reached approximately 3.69 billion dirhams, according to data from Dubai Rest. This total was the result of 884 procedures carried out on that day. The sales value accounted for 1.89 billion dirhams from a total of 618 deals.

The highest sales were recorded in Wadi Al Safa 7, with a value of 339.88 million dirhams through 44 deals. Following closely behind was Wadi Al Safa 5, with approximately 164.85 million dirhams from 41 deals, and Business Bay in third place with 91.96 million dirhams from 53 deals.

In terms of mortgages, the total value was also around 1.43 billion dirhams from around 233 procedures on that day. Al Barsha III led the way with a value of around 752 million dirhams from one procedure, followed by Dubai Technical Sciences Park with approximately 221.76 million dirhams from one procedure, and Dubai Marina with around 157.97 million dirhams from around eighty-two procedures.

Additionally, donations amounted to around about thirty-seven point nine million dirhams through thirty-three transactions on that day

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

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