$2.3 billion in Dubai real estate transactions week ending 31 March 2021

Another busy week in Dubai real estate; 3,035 real estate transactions worth AED 10.7 billion.

2,261 apartment and villa sales worth AED 5.11 billion and 158 plots of land were sold for AED 1.27 billion.

 

The most transactions were Damac Lagoons with 52 sales worth AED 165 million, followed by Damac Hills 2 with 21 sales worth AED 26.78 million, and Jebel Ali Village with 14 deals worth AED 60 million.

 

The top 3 apartment and villa transfers were an AED 82 million villa, an AED 57 million apartment, and an AED 55 million apartment on Palm Jumeirah.

 

Mortgaged properties valued at AED 3.8 billion. 123 properties gifted were worth AED 597 million.

 

Top 3 sales were a plot of land in Ras Al Khor worth AED 157.08 million, land worth AED 67 million in Jumeirah Bay Island, and an AED 59 million plot of land on The World Islands.

 

For more market updates, check our latest blogs or catch us here next week.

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