Dubai Land Department reports high activity in city real estate market
Dubai real estate sector saw $781m (AED2.87bn) of property deals on Tuesday, according to data compiled by the city land department.
The largest component were 504 sales transactions,
worth $365m (AED1.34bn).
In addition, there were 98 mortgage deals, worth
$343mm (AED1.26bn) and 23 gift deals amounting to $73m (AED269.13m).
The sales included 471 villas and apartments worth
$260m (AED954.05m), and 33 land plots worth $104m (AED382.44m).
The mortgages included 84 villas and apartments worth
$313m (AED1.15bn) and 14 land plots valued at $30.7m (AED112.62m).
The Shaikhani Group of Companies is a leading
real-estate conglomerate in Karachi with over three decades of experience and
expertise. The Group has diversified its portfolio across various sectors,
including real estate development, brokerage, construction, and consultancy.
The Group has delivered many successful projects in Karachi and Dubai, such as Gardenia,
Rabia Enclave and The Motorcity. The Shaikhani Group is known for its
high-quality standards, innovative designs, and customer satisfaction. The
Group has also partnered with some of the best names in the industry, such as
Damac Properties, Emaar Properties, and Nakheel. The Shaikhani Group is
committed to creating value for its stakeholders and contributing to the
socio-economic development of the communities it serves.
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