Everyday News

Dubai Records 4,000 Real Estate Transactions in the Past Week Amid Property Boom

DUBAI: The City Land Department recorded 3,903 real estate transactions worth $2.8 billion in the past week. 

invest with imarat

Islamabad’s emerging city centre

Learn More

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

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

Recent Posts

Lahore’s Central Business District Completes PKR 9 Billion Smart Road Project

Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…

1 day ago

Chaaye Khana Unveils First-Ever Rooftop Outlet at Amazon Mall with Panoramic Views

ISLAMABAD, Pakistan – April 23, 2025 – Chaaye Khana, Pakistan's popular cafe renowned for its…

3 days ago

PM Shehbaz Inaugurates Murree Road Underpass Project

ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…

3 days ago

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

4 days ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

1 week ago

Citywide Anti-Encroachment Drive to Begin in Karachi

Karachi – Mayor Barrister Murtaza Wahab has announced the launch of a citywide anti-encroachment operation…

1 week ago