Land deals in Dubai

Published August 29th, 2005 - 05:32 GMT
Al Bawaba
Al Bawaba

The total value of land transactions in Dubai during the past two days peaked at Dhs77.78 millions, of which sales exceeded Dhs59 million. The total value of mortgages during the period was Dhs18.43 million, according to the Land Department.

 

A total of 8 sale transactions were registered with the Department by 2 days, the most valuable of which was a plot in Al Qusais Industrial  First that was sold for Dhs31.35 million. The next two most prominent sales saw a second plot in Nad Al Shiba acquired for the sum of Dhs10.330773 million and another in Um Suqaim First for Dhs7.5 million.