Real estate transactions in Dubai Land Department have exceeded AED 10.6 bn, as the department recorded 2,456 sales worth AED 7.66 bn this week, Invest-Gate reports.

Of these sales, 319 were for lands worth AED 1.92 bn, and 2,137 were for apartments and villas worth AED 5.75 bn.

The most important land sales were worth AED 150 mn in the Palm Jumeirah area, followed by a sale worth AED 90 mn in the fourth Al Habab district, and AED 58 mn in the Saih Shuaib 4 area.

Regarding transactions, the Hind 4 area topped the list with 96 sales worth AED 133 mn, followed by the fifth Al Habab district with 69 sales worth AED 188 mn, and the third in Al Safa 3 with 60 sales worth AED 476 mn.

As for the most important apartment and villa sales, a sale worth AED 265 mn in the Dubai Marina area was the most significant, followed by a sale worth AED 207 mn in the first Al Qouz district, and finally, a sale worth AED 68 mn on the World Islands.

Al Barsha South 4 area led the list in terms of the number of apartment and villa sales, registering 235 sales worth AED 206 mn, followed by the fifth Theuna district with 178 sales worth AED 374 mn, and the third in Al Markaz with 173 sales worth AED 414 mn.

Mortgages recorded a value of AED 2.53 bn, including 77 mortgages for lands worth AED 1.02 bn and 436 mortgages for villas and apartments worth AED 1.5 bn. The most significant were in the Dubai Marina area, worth AED 617 mn, and another in the second Al Safouh area, worth AED 467 mn.

In the daily transactions, real estate transactions in Dubai Land Department exceeded AED 1.4 bn as the department recorded 328 sales worth AED 832.96 mn on Friday.

Of these sales, 33 were for lands worth AED 179.14 mn, and 295 were for apartments and villas worth AED 653.82 mn.