Travel Reservation Hotline

Call and Book Your Hotel Now!

Domestic Toll-Free for US and Canada: 1-800-997-1431

Worldwide: +1-817-983-0739

Popular

Land Transactions in Dubai on the raise

Land Transactions in Dubai
Land transactions in Dubai has risen sharply during the  first quarter of June 2009  reaching a peaked record of  DH2.19 billion. Sales  record exceeded Dh1.27 billion; according to the Land Department total value of mortgages during that period was Dh19.29 million.
A plot in the Shaikh Zayed Road area was sold for Dh124 million  with 81 transactions registered to the Land Department.

Other plot that were sold for high value are:

Jebel Ali  for Dh34 million and other within the same area for Dh28 million.

21 transactions was  registered for the Ranches area and the Emirates Hills had 17 sales.

The Al Aweer Second area  315,217 sqft plot went for Dh11 million  as the biggest area sold

Shaikh Zayed Road had the highest  turnover  by value of Dh124 million, Jebel Ali area at Dh91.21 million and the Emirates Hills at Dh89.32 million.

652 sales transactions of apartments and villas in freehold  areas were registered.

Leave a Reply

Your email address will not be published.

dae