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Real estate transactions in the Dubai Land Department today amounted to more than 1.5 billion dirhams, as the department witnessed the registration of 520 pledges of allegiance at a value of 1.22 billion dirhams, including 80 pledges of allegiance to lands, at a value of 321.11 million dirhams, and 440 pledges of allegiance to apartments and villas, at a value of 902.79 million dirhams.
The most important land sales came with a value of 19 million dirhams in the Merkad area, followed by a pledge of 16 million dirhams in the Sheikh Mohammed Bin Rashid Gardens area, followed by a pledge of 13 million dirhams in the Sheikh Mohammed Bin Rashid Gardens area.
The fifth region of Al-Habibiyah topped the regions in terms of the number of sales, as it recorded 43 sales at a value of 136 million dirhams, followed by Al-Yafrah 1, with 13 sales at a value of 79 million dirhams, and a third in Al-Yafrah 2, with 8 sales at a value of 9 million dirhams.
With regard to the most important sales of apartments and villas, the sale amounted to 28 million dirhams in the Burj Khalifa area, as the most important sale, followed by the sale of 15 million dirhams in the second Al Sufouh area, and finally the sale worth 12 million dirhams in the first Jumeirah area.
The first area of Al-Khairan topped the regions in terms of the number of sales of apartments and villas, as it recorded 53 pledges of allegiance, at a value of 143 million dirhams, followed by the Business Bay region, with 36 pledges of allegiance, at a value of 53 million dirhams, and a third in Al Merkad, with 34 pledges of allegiance, at a value of 65 million dirhams.
The mortgages recorded a value of 216.8 million dirhams, including 9 mortgages for land at a value of 29.41 million dirhams and 63 mortgages for villas and apartments at a value of 187.39 million dirhams.
As for donations, 15 donations were recorded, with a value of 98.13 million dirhams, the most important of which was in the second Lehbab region, with a value of 32 million dirhams, and another in the first Zabeel region, with a value of 28 million dirhams.
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