Selling Dubai land for 260M dirhams
The Dubai Real Estate Market recorded, at the start of trading on Friday, the sale and mortgage of two commercial land parcels totaling 260.4 million AED. A plot of land in Saih Shuaib 3 was sold for 110.4 million AED, covering an area of 370,000 square feet, while another was mortgaged in Dubai Maritime City for 150 million AED, with an area of 41,600 square feet. Additionally, an office in Business Bay was sold for 61.5 million AED. The total transactions amounted to 1.04 billion AED across 468 deals, with donations reaching 26 million AED from 14 transactions.
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