Dubai land plot mortgage of 900M dirhams
Dubai's real estate market kickstarted Friday's trading with two land plots in the areas of "Business Bay" and "Jumeirah Bay," totaling a value of 900 million dirhams. The land in "Business Bay" is worth 600 million dirhams and spans an area of 57,118 square feet, with an average price of 10,507 dirhams per square foot. The plot in "Jumeirah Bay" is valued at 300 million dirhams, covering an area of 23,011 square feet, at an average of 13,037 dirhams per square foot.
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