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Nearly 2,000 Apartments and Villas Sold in Dubai in One Week
Nov 28, 2022
Nearly 2,000 Apartments and Villas Sold in Dubai in One Week Dubai
By   Internet
  • City News
  • Real estate transactions
  • real estate for sale
  • real estate
Abstract: The value of weekly transactions reached $4 billion, according to the Dubai Land Department.

Dubai's real estate market ended on a strong note on Friday, with weekly transactions valued at Dh15 billion ($4 billion), according to the Dubai Land Department (DLD).

 

Buyers snapped up 1,936 apartments and villas in Dubai in the week ending Nov. 25, with a total value of Dhs4.48 billion.

 

Investors also acquired 313 plots of land for Dh1.57 billion.

 

Overall, the real estate market saw 2,867 transactions completed during the week.

 

These transactions were led by Al Hebiah Fifth, which recorded 110 sales transactions worth Dh351.33 million.

 

This was followed by Jabal Ali First with 73 transactions worth Dh236.59 million and Al Yufrah 2 with 23 transactions worth Dh29 million.

 

Residential units sold included an apartment in Jumeirah 2, valued at Dh52 million.

 

Two other apartments in Palm Jumeirah were also sold, with a total value of Dh73 million.

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Nearly 2,000 Apartments and Villas Sold in Dubai in One Week
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