Dubai Real Estate Surges in Activity: A Look at the Highest Value Transactions and Mortgages on Wednesday

On Wednesday, the Dubai real estate market experienced a surge of activity, with transactions reaching 874 procedures and totaling approximately 2.6 billion dirhams. The value of sales amounted to AED 1.68 billion from 665 transactions, with the highest value transactions taking place in Palm Jumeirah at AED 143 million through 11 transactions.

Mortgages also played a significant role in the market, with AED 691 million in mortgages from 158 procedures. Palm Jumeirah led in mortgage values with AED 156 million from just six procedures, followed by Al Quoz Industrial 3 at AED 105 million from one procedure and Al Quoz 3 at about AED 94 million from one procedure. Donations reached a total of 229 million dirhams through 51 transactions, with Al Quoz Industrial leading in donation values.

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