The total value of land transactions in Dubai yesterday peaked at Dhs553.61 millions , of which sales exceeded Dhs288 million. The total value of mortgages during the period was Dhs265.56 million, according to the Land Department.
A total of 9 sale transactions were registered with the Department by the end of the day, the most valuable of which was a plot in Trade Center First that was sold for Dhs260 million. The next two most prominent sales saw a second plot in Al Manara acquired for the sum of Dhs8.55 million and another in Um Al Sheif for Dhs4.275 million.