Land transactions in Dubai reported

Published May 9th, 2005 - 06:20 GMT
Al Bawaba
Al Bawaba

The total value of land transactions in Dubai Sunday amounted to Dh407.08 million, of which sales exceeded Dh81 million. The total value of mortgages during the period was Dh326.1 million, according to the Land Department.

 

A total of 16 sale transactions were registered with the Department by the end of the day, the most valuable of which was a plot in Al Barsha First that was sold for Dhs16.731 million. The next two most prominent sales saw a second plot in Al Barsha First acquired for the sum of Dhs11.4837 million and another in Naif for Dhs10.3 million.

 

The Al Barsha First area was the most active in terms of the day's sales, with some 2 transactions. Al Barsha Third followed it with 1 sales.