Land transactions in Dubai

Published August 23rd, 2005 - 06:56 GMT
Al Bawaba
Al Bawaba

The total value of land transactions in Dubai last 2 days peaked at Dhs111.60 millions, of which sales exceeded Dhs89 million. The total value of mortgages during the period was Dhs22.45 million, according to the Land Department.

                                                                       

A total of 8 sale transactions were registered with the Department by the end of 2 days , the most valuable of which was a plot in Al Qusais First that was sold for Dhs29.75 million. The next two most prominent sales saw a second plot in Marsa Dubai acquired for the sum of Dhs28.966625 million and another in Al Barsha First for Dhs13.662 million