DUBAI – Dubai's Land and Property Department (DDA) real estate operations on Tuesday made more than 507 million dirhams.
Currently, the department has made 114 commitments of 165 million AED, of which 19 are land for 48 million AED and 95 million for apartments and villas worth 117 million AED.
The most important land sales reached 8 million dirhams in the Nad Al-Sheba region, followed first by a commitment of 5 million dirhams in the fourth Habiba area followed by a commitment of 5 million dirhams in the Jebel Ali industrial area.
The first area of Nad Al-Sheba has overtaken the regions in terms of sales, with 6 sales of 22 million dirhams, followed by Al-Yafra 2, 4 sales of 4 million dirhams and one third in the fourth group, with a commitment of 5 million dirhams.
With respect to the major sales of apartments and villas, there was a commitment of 6 million dirhams in Palm Jumeirah as the most important sales, followed by a commitment of 5 million dirhams in the Burj Khalifa area and finally a commitment of 5 million dirhams in the Safa Valley 7.
The first area in the Worsan region was the number of apartment and villas sales, with a total of 13 million dirhams, followed by the commercial area of the Gulf with 12 million dirhams and a third in Palm Jumeirah, with 10 sales in worth 21 million dirhams.
Mortgages were valued at 342 million dirhams, of which 23 were mortgages valued at 173 million dirhams, and 27 were villas and flats valued at 169 million dirhams, the most important of which was in Wadi Safa 7, 146 million dirhams.
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