July 7, 2024 5:14 pm
665 properties in Dubai sold for AED 1.7 billion

In Dubai, real estate transactions on Wednesday totaled approximately 2.6 billion dirhams, resulting from 874 procedures, according to data from Dubai REST. The value of sales reached AED 1.68 billion from 665 transactions, with the highest activity in the Palm Jumeirah area, totaling AED 143 million through 11 transactions.

Meanwhile, mortgages in Dubai amounted to AED 691 million through 158 procedures, with Palm Jumeirah leading the way at AED 156 million from six procedures. Al Quoz Industrial 3 followed in second place with AED 105 million from one procedure, and Al Quoz 3 in third place with about AED 94 million from one procedure. Donations reached a total of 229 million dirhams through 51 transactions, with Al Quoz Industrial Area being the top three areas for donation transactions.

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