United Arab Emirates - December 26, 2020: The real estate and properties transactions valued at 4.6 billion in total during the week ending 24 December 2020. The sum of transactions was 1,269.
92 plots were sold for AED 482.59 million, 808 apartments and villas were sold for AED 1.32 billion.
The top three transactions were a land in Palm Jumeirah sold for AED 60 million, followed by a land that was sold for AED 54.85 million in Saih Shuaib 4, and a land sold for AED 60 million in Palm Jumeirah in third place.
Nad Al Shiba First recorded the most transactions for this week by 18 sales transactions worth AED 43.08 million, followed by Al Thanyah Fifth with 13 sales transactions worth AED 23.55 million, and Nad Al Shiba Third with 11 sales transactions worth AED 27 million in third place.
The top three transfers for apartments and villas were an apartment was sold for AED 230 million in Marsa Dubai, an apartment was second in the list sold for AED 105 million in Business Bay, and thirdly it was an apartment sold for AED 94 million in Burj Khalifa.
The sum of the amount of mortgaged properties for the week was 3 billion, with the highest being a land in Al Yelayiss 2, mortgaged for AED 1 billion.
43 properties were granted between first-degree relatives worth AED 194 million.