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Dubai’s real estate deals hit AED4.1 billion last week

The DLD witnessed the registration of 871 deals, of which 560 were land sales deals

Real estate deals conducted at the Dubai Land Department (DLD) achieved more than AED4.1 billion during the last week.

The DLD witnessed the registration of 871 deals worth AED2.7 million, of which 560 were land sales deals worth AED2.3m and 311 were apartment and villa sales deals worth AED400m, reports Argaam.

The most important sale deal was worth AED644m in the Burj Khalifa area, followed by a sale deal worth AED100m in Nad Al Sheba area and then a sale deal worth AED92m in Al Markad.

Saih Shuaib 1 topped areas in terms of number of sale deals with 122 deals valued at AED200m, followed by Al-Yafrah 2 with 24 sale deals valued at AED16m and then Nad Al Sheba 1 with 13 sale deals valued at AED195m.

With regard to the most important apartments and villas sale deals, a deal in Al Habiah 2 worth AED9m ranked first, followed by a deal in Burj Khalifa area valued at AED9m, then a deal in Dubai Marina worth AED7m.