Dubai records Dh15 billion worth of realty deals in the week ending November 25

Real estate and properties transactions in Dubai during the week ending November 25 were valued at Dh15 billion. A total of 2,867 transactions was recorded during the period, data from the Dubai Land Department showed on Friday.

A total of 313 plots were sold for Dh1.57 billion during the week, while 1,936 apartments and villas were sold for Dh4.48 billion.

The top three transactions were all recorded Hadaeq Sheikh Mohammed Bin Rashid for Dh45 million, Dh24.15 million and Dh45 million.

The total value of properties that were mortgaged for the week was Dh8.43 billion, with the highest being a land in Al Warsan First, mortgaged for Dh3 billion. 145 properties were granted between first-degree relatives worth Dh523 million.