The total value of land transactions in Dubai last week peaked at Dh402.1 million, of which sales exceeded Dh257 million. The total value of mortgages during the period was Dh144.94 million, according to the Land Department.
A total of 53 sale transactions were registered with the Department by the end of the week, the most valuable of which was a plot in Um Suqaim Second that was sold for Dh32.718 million. The next two most prominent sales saw a second plot in Al Safouh Second acquired for the sum of Dh25 million and another in Emirates Hills Second for Dh16.5 million.
