Dubai Properties' land sales reach 2.3B AED
Dubai Properties' transactions on Thursday amounted to a total of 2.3 billion dirhams through 830 deals. This included sales valued at 1.6 billion dirhams across 615 transactions, mortgage operations worth 529 million dirhams through 185 deals, and donations totaling 129 million dirhams involving 30 transactions. The most prominent areas were Al Nahda First, Maysim First, Al Warqaa First, along with Jumeirah Palm and Business Bay. The activity indicates stability in Dubai's real estate market, with a concentration of sales primarily focusing on land, mortgages, and donations in vital areas.
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