Friday 25 December 2020

$1.25bln worth of weeklong real estate transactions in #Dubai | ZAWYA MENA Edition

$1.25bln worth of weeklong real estate transactions in Dubai | ZAWYA MENA Edition

The real estate and properties transactions were valued at AED4.6 billion in total during the week ending 24 December 2020, according to the Department of Land and Property in Dubai.

A total of 92 plots were sold for AED482.59 million; 808 apartments and villas were sold for AED1.32 billion.

The top three transactions were a plot of land in Palm Jumeirah sold for AED 60 million; followed by another sold for AED 54.85 million in Saih Shuaib 4; and another one sold for AED60 million in Palm Jumeirah in the third place.

Nad Al Shiba First recorded the most transactions for this week by 18 sales transactions worth AED43.08 million, followed by Al Thanyah Fifth with 13 sales transactions worth AED23.55 million, and Nad Al Shiba Third with 11 sales transactions worth AED27 million in third place.

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