Real estate transactions in Dubai reach 3.7 billion dirhams on Thursday

Real estate transactions in the Dubai market reached approximately 3.69 billion dirhams on Thursday, as reported by Dubai Rest data. 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, totaling 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 1.43 billion dirhams from 233 procedures. Al Barsha III led the way with a value of 752 million dirhams from one procedure, followed by Dubai Technical Sciences Park with 221.76 million dirhams from one procedure, and Dubai Marina with 157.97 million dirhams from 82 procedures.

Donations amounted to 379.59 million dirhams through 33 transactions. The Jaddaf Waterfront area had the highest value with 171.13 million dirhams from 3 transactions. Barsha Heights followed with approximately 90 million dirhams from one transaction, and Palm Jumeirah was in third place with a value of 65.60 million dirhams resulting from two transactions.