Summary Of Weekly Real Estate Transactions For The Week Ending 05 November 2020

The real estate and properties transactions valued at AED 2.9 billion in total during the week ending 05 November 2020. The sum of transactions was 1,241.

44 plots were sold for AED 176.48 million, 854 apartments and villas were sold for AED 1.49 billion.

The top three transactions were a land in Al Merkadh sold for AED 16.33 million, followed by a land that was sold for AED 12.6 million in Al Barsha South Fourth, and a land sold for AED 16.33 million in Al Merkadh in third place.

Jabal Ali First recorded the most transactions for this week by 16 sales transactions worth AED 27.49 million, followed by Nad Al Shiba Third with 5 sales transactions worth AED 12.07 million, and Al Merkadh with 5 sales transactions worth AED 61 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED 257 million in Marsa Dubai, an apartment was second in the list sold for AED 102 million in BurjKhalifa, and thirdly it was a villa sold for AED 96 million in Al Hebiah Fourth.

The sum of the amount of mortgaged properties for the week was 1 billion, with the highest being a land in NaddHessa, mortgaged for AED 198 million.

43 properties were granted between first-degree relatives worth AED 142 million.