Dubai sells 4 lands for 511M AED
The Dubai real estate market started the week with the sale of four land parcels in the Saih Shuaib and Umm Suqeim areas, totaling AED 511 million. Three plots in Saih Shuaib Third were sold for AED 349 million, covering an area of 2.2 million square feet, at an average price of AED 158 per square foot. Additionally, a plot in Umm Suqeim First was sold for AED 162 million, spanning 27,800 square feet, at an average of AED 5,800 per square foot. The total value of transactions in the opening hours of trading exceeded AED 1.5 billion through 487 deals.
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