According to the Dubai Land Department (DLD), a total of 3,164 real estate transactions worth AED8.6 billion took place in the week ending 24th March 2023. Of these transactions, 218 plots were sold for AED1.9 billion, while apartment and villa sales accounted for 2,177, totalling AED4.73 billion. The top three sales were two lands in Palm Jumeirah worth AED550 million and AED74 million, and a land worth AED70 million in Al Thanyah Fourth.
The most transactions were recorded in Al Hebiah Fifth with 94 sales transactions worth AED326.67 million, followed by Al Hebiah Fourth and Jabal Ali First. The top three apartment and villa transfers were an AED61 million unit in Mankhool, an AED54 million unit in Palm Jumeirah, and an AED52 million unit in Marsa Dubai. Mortgaged properties for the week reached AED1.54 billion, while 349 properties worth AED522 million were granted to first-degree relatives.