About 2,145 real estate and property transactions worth AED 6.3 billion were conducted in Dubai during the week ending 22nd April 2022, according to the Land Department of the Government of Dubai (DLD).
- 225 plots sold for AED 1.12 billion
- 1,436 apartments and villas sold for AED 3.2 billion
The top transactions were a land sale in Hadaeq Sheikh Mohammed Bin Rashid for AED 96 million, and another land that was sold for AED 52.5 million in Palm Jumeirah.
Al Hebiah Fifth recorded the most transactions for this week with 114 sales worth AED 254.57 million, followed by Jabal Ali First with 33 sales transactions worth AED 143.55 million, and Wadi Al Safa 5 with 11 sales transactions worth AED 49 million.
The top three apartment sales were an apartment sold for AED 463 million in Marsa Dubai, another one sold for AED 354 million in Burj Khalifa, and third one sold for AED 284 million in Palm Jumeirah.
The sum of the amount of mortgaged properties for the week was AED 1.74 billion, with the highest being a land in Nad Al Shiba Third, mortgaged for AED 400 million.