DUBAI: The City Land Department recorded 3,903 real estate transactions worth $2.8 billion in the past week.
The details suggest that 208 plots were sold for $305 million while 2,906 apartments and villas were sold for $1.7 billion.
According to a news report, three pieces of land were sold in Al Jadaf, with the top three transactions amounting to AED38.5m ($10.4m), AED38.5m, and AED37m ($10.1m) respectively.
Moreover, among the most expensive villa and apartment transfers were a villa sold for AED150m ($41m) in Palm Jumeirah, an apartment worth AED80m ($22m) in Island 2, and another sold for AED65m ($17.7m) in Palm Jumeirah.
For the week, mortgaged properties were valued at $591 million, while 341 properties were granted to first-degree relatives worth $149 million.
For news and blogs, visit Graana.com
Rawalpindi: Phase I of the Rawalpindi Ring Road project is nearing completion, while the Rawalpindi…
Islamabad’s Capital Territory is set to get its own Capital House in Sector F-5 following…
ISLAMABAD: The Capital Development Authority (CDA) has approved an 85% increase in the house rent…
Karachi: Prime Minister Shehbaz Sharif announced on Monday that the federal government, in partnership with…
Islamabad: The Capital Development Authority (CDA) has officially begun handing over developed plots to allottees…
Islamabad: The federal government has given the green light to extend Margalla Highway from GT…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
