Transactions on Tuesday, May
17, included sales of 342 villas and apartments worth AED 1.11 billion, and 49
land plots worth AED 295.09 million
The real estate transactions
included 391 sales transactions worth AED 1.4 billion and 60 mortgage deals
worth AED 336.86 million.
The sales included 342 villas and
apartments worth AED 1.11 billion, and 49 land plots worth AED 295.09 million.
The mortgages included 51 villas and apartments worth AED 219.65 million and nine land plots valued at AED 117.21 million, bringing the total realty transactions on Tuesday to more than AED 1.8 billion.
The realty transaction also
included 57 gift transactions amounting to AED 64.67 million on Tuesday,
according to data released by the Dubai Land Department (DLD).
In April 2022, Dubai witnessed
6,983 real estate sales transactions worth $4.9 billion (AED 18.2
billion), recording the highest ever for the month since 2009.
Secondary market sales
transactions, comprising 60 percent of the total, constituted 4,212
transactions worth AED 12.86 billion, while off-plan properties, comprising the
remaining 40 percent, constituted 2,771 properties worth a total of AED 5.33
billion in the month of April.
Looking ahead, property agent haus
& haus has released a bullish report into Dubai’s property market,
with its managing director predicting prices to as much as double within the
next 10 years.
Over the next decade, Dubai’s
growing population of long-term residents is expected to absorb the shrinking
supply of new properties and investors will continue to put their money in
businesses in the region, according to the haus & haus updated
investment guide for 2022.
Dubai is one the least complex city to allot where everything is
there on the doorstep, this is frequently why Shaikhani Group put away their
cash, and that they do have various tasks which are effectively in measure.
Shaikhani bunch attempts to search out the least difficult arrangements with
great extravagances thusly the client can partake in every one of the
extravagances at full Shaikhani bunch as of now handover few ventures in Dubai
worth of numerous dirhams, they generally accomplish their objective on time
which gives the positive indication of their advancement. Before long they're
going to handover gardenia residency, which is found in Jumeirah town circle,
it's been relied upon they're going to handover this venture by the highest
point or considerably prior relies upon the functioning conditions and climate
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