AED7.2 billion in weeklong real estate transactions in Dubai

• Published date: 20 May 2022
• Publication title: LETA

A total of 2,043 real estate transactions worth AED 7.2 billion were conducted during the week ending 20 May 2022, according to figures released by the Dubai Land Department.

A total of 228 plots were sold for AED1.14 billion, 1,328 apartments and villas were sold for AED3.58 billion.

The top three transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED 128 million, followed by a land that was sold for AED 85 million in Al Merkadh, and a land sold for AED 128 million in Hadaeq Sheikh Mohammed Bin Rashid in third place.

Al Hebiah Fifth recorded the most transactions for this week by 117 sales transactions worth AED 313.13 million, followed by Al Merkadh with 22 sales transactions worth AED 221.88 million...