Latest news all the way from Dubai is its real estate market exceptionally recorded 404 sales transactions worth $517 million on Tuesday 21st Feb 2023. In addition to 31 mortgage deals of AED94.43 million, and 29 gift deals amounting to AED65.91 million on Monday,
The sales included 69 villas and 351 apartments worth AED1.43 billion, and 34 land plots worth AED268.94 million. The mortgages included 5 villas and 26 apartments worth AED131.13 million and 43 land plots valued at AED94.43 million, bringing the total realty transactions of today to over AED1.9 billion.
The Ready registration type’s most expensive sold-out villa in mid feb 2023, with a value of AED 4100000 (containing single purchaser and seller), is none other than Dubai Hills.
OFF Plan most expensive sold-out villa in mid feb 2023, with a value of AED 10000000 (containing two purchasers and sellers), is none other than Wadi Al Safa 3.
Source: Dubai Land Department – Real Estate Data
Relevant:
Dubai Real Estate Performance in Mid-February 2023
Dubai Real Estate Market Report of January 2023
Dubai Real Estate Continues Growth Momentum With Record Transactions
Why Foreigners Investing in Keturah Reserve’s AED 3 Billion Project?
