Categories: Economy

Dubai Real Estate Market Reaches Record 3.69 Billion Dirhams in Transactions on Thursday

On Thursday, the Dubai real estate market reached a total of 3.69 billion dirhams in transactions, with 884 procedures carried out on that day. The sales value accounted for 1.89 billion dirhams from a total of 618 deals. The highest sales were recorded in Wadi Al Safa 7, totaling 339.88 million dirhams through 44 deals. Wadi Al Safa 5 followed closely behind with approximately 164.85 million dirhams from 41 deals, and Business Bay was in third place with a value of 91.96 million dirhams from 53 deals.

In terms of mortgages, the total value was also significant at 2.33 billion dirhams from one procedure each in Al Barsha III and Dubai Technical Sciences Park, and two procedures in Dubai Marina resulted in a value of approximately

Samantha Johnson

As a content writer for newseaside.com, I craft engaging narratives and informative articles on a diverse range of topics. With a keen eye for detail and a passion for storytelling, I strive to create content that resonates with our readers and keeps them informed. From breaking news stories to in-depth features, I aim to deliver accurate, compelling, and thought-provoking content that captivates our audience. In my free time, you can find me exploring new writing techniques, sipping on a cup of coffee, or enjoying a good book by the seaside.

Share
Published by
Samantha Johnson

Recent Posts

AI Talent Boom: Impressive Compensation Offers for Experts in High Demand

The AI talent race is creating a competitive landscape that benefits tech professionals. With impressive…

3 hours ago

Eye Health Experts Join Marshall Health Network: Dr. Raymond V. Mecca and Dr. Scott J. Henry Bring Decades of Experience to Eye Care Team

Dr. Raymond V. Mecca, a veteran ophthalmologist with over 49 years of experience in Ashland,…

3 hours ago

The Texas Rangers Dominate the Tampa Bay Rays with Career-High Performances in a Three-Game Sweep

The Texas Rangers completed a dominant three-game sweep of the Tampa Bay Rays on Sunday,…

3 hours ago

The NFL’s Media Empire: A Look at the League’s Controversial Decisions and Communication Struggles

In recent years, the NFL has transformed from a sports business to a media empire.…

3 hours ago

Blue Economy Regulatory Roadmap: Promoting Sustainable Growth through Streamlined Regulations in Canada

In an effort to bolster the Canadian economy and promote sustainable economic growth, the government…

3 hours ago

Facial Recognition Technology and the Law: Protecting Civil Liberties While Ensuring Public Safety

In 2020, London police introduced a mobile facial recognition facility outside a shopping center to…

3 hours ago