Categories: Economy

Record-breaking Real Estate Transactions and Mortgage Sales in Dubai Reach AED 2.6 Billion on Wednesday

Real estate transactions in the Dubai market on Wednesday totaled about 2.6 billion dirhams, resulting from 874 procedures, according to data from Dubai REST. The value of sales reached AED 1.68 billion from 665 transactions, with the highest activity in the Palm Jumeirah area, totaling AED 143 million through 11 transactions.

Mortgages in Dubai amounted to AED 691 million through 158 procedures, with Palm Jumeirah leading the way at AED 156 million from 6 procedures. Al Quoz Industrial 3 followed in second place with AED 105 million from one procedure, and Al Quoz 3 in third place with about AED 94 million from one procedure. Donations reached 229 million dirhams through

Riley Johnson

As a content writer at newsmol.com, I dive into the depths of information to craft compelling stories that captivate and inform readers. With a keen eye for detail and a passion for storytelling, I strive to create engaging content that resonates with our audience. Whether it's breaking news, in-depth features, or thought-provoking opinion pieces, I am dedicated to delivering high-quality, informative content that keeps readers coming back for more. My goal is to bring a fresh perspective to every article I write and to make a meaningful impact through the power of words.

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