A real estate transaction worth AED8.7 billion was completed in Dubai over the course of a week

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During the week ending June 10th, 2022, the total value of real estate and property transactions was AED8.7 billion. There were 2,369 transactions in total.

AED1.26 billion was paid for 262 plots, while AED3.4 billion was paid for 1,572 apartments and villas.

In third place, land in Al Merkadh sold for AED110 million, followed by land in Wadi Al Safa 2 for AED78.23 million and land in Al Merkadh for AED110 million.


This week, Al Hebiah Fifth had the most sales transactions, with 159 for AED429.04 million, followed by Jabal Ali First with 30 for AED91.15 million and Al Yufrah 2 in third place with 11 for AED13 million.

The top three transfers for apartments and villas were an apartment sold for AED523 million in the Burj Khalifa, an apartment sold for AED328 million in Marsa Dubai, and an apartment sold for AED222 million in Um Suqaim Third.

The total value of mortgaged real estate for the week was 3.48 billion, with AED2 billion being the highest value for a plot in Jumeirah Second.

Seventy-four properties worth AED585 million were given to first-degree relatives.

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