A total of 1,946 real estate transactions worth AED 4.98 billion were conducted during the week ending 22nd July 2022, according to figures released by the Dubai Land Department.
These included:
· 1,390 units
· 219 buildings
· 337 land plots
The highest number of transactions conducted this week were by Business Bay, which sold 100 properties worth AED 158.6 million.
International City PH1 recorded the second highest number of transactions for this week with 97 sales worth AED 27 million.
This was followed by Dubai Creek Harbour with 92 sales transactions worth AED 155.8 million, and Burj Khalifa with 91 sales transactions worth AED 262.7 million in third place.
In specific relation to mortgage transactions this week, there were 406, accumulating to AED 5.06 billion.
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