Higher real estate investment indicators in Dubai

AED 5 billion real estate trades in Dubai within a week .

Real estate in Dubai's Land and property department during the week ending was AED 4.9 billion, the most prominent of which were mortgages worth 2.9 billion dirhams through 448 transactions.The service witnessed the registration of 1066 Msha'a worth 2 billion dirhams, of which 102 million were for land worth AED 700 and 964 for apartments and villas worth AED 1.3 billion.The main land area worth 200 million dirhams was in the second Dubai Investment Park region, one third of which was valued at 92 million dirhams in the Nada region, one third of which was valued at 36 million dirhams in the first area of Warsan.Wadi Safa 2 region topped the areas with a total of 14 million dirhams and was followed by the Alifra 2 recorded 12 million dirhams and a third in Warisan with a record of AED 56 million.As for the most important of the flats and villas, it came with a value of 13 million dirhams in the Palm Jumeirah area as the most important mthe following are three million dirhams in the Palm Jumeirah area and finally a 12 million dirhams in the Palm Jumeirah area.The area of the airport city has been topped by the number of apartments and villas, with 191 million dirhams (AED 141), followed by an area the commercial Gulf is registered with 95 million dirhams (AED 110 million) and a third in the South fourth in Al Barsha with a record of 88 billion dirhams.The mortgages recorded a value of 2.9 billion dirhams, of which 123 were worth 2.4 billion dirhams, 325 under villas and 500 apartments worth million dirhams, the most important of which was in the Palm Jumeirah area of AED 692 million and another in the third Barsha area worth 471 million dirhams.In a statement issued yesterday, the figures showed that the market had registered a noticeable increase compared with the same period last year, with total values increasing by 16.8%, while an increase in the number of transactions of 7320, or 25.91%, was achieved, according to the al-Ittihad newspaper.The Dubai real estate market reached 25,864 billion dirhams, while the volume of mortgages amounted to 7,893, with a value of 60 billion, with 1,814 other transactions worth 9 billion dirhams.The land accounted for 91 billion dirhams of nearly 8,000 transactions, the share of buildings 3,887 worth 10 billion, and the housing units received approximately 24,000 transactions worth AED 31 billion.The report details the total real estate investment in the Dubai real estate market in the first half of 2017, with 27,381 investments of 21,574 investors, and a total investment value of 58 billion dirhams. In order to highlight the role of the various segments, the report confirmed that the real estate investment horizon had attracted 6,253 women, who had 7,341 a deal worth 15 billion dirhams.Emirates investors maintained the first place in the number and value of transactions, and conducted 4,510 transactions valued at over 15 billion, the Saudis followed them in the second place for their participation in 1,936 transactions worth over four billion dirhams. The total value of GCC investments was AED 21.7 billion, a 16% increase over the same period last year. The total number of GCC investments was 7,665, an increase of 14 percent over the same period last year.

Top 10 areas in terms of number and value of real estate actions .

The report showed the top 10 areas in terms of the number and value of real estate in Dubai market since the beginning of the year, and the Dubai Marina topped the first in the number of transactions with 2,529, followed by the "Gulf of Commerce" 2,146, "the South fourth Barsha" 2,001, then "Jebel Ali al-First" 1,931 treatment, and the fifth "tuck" came in fifth to polarize it 1,501 treatmentWe note a different list when analyzing transaction values, with the "Palm Jumeirah", which recorded transactions with a value close to AED 9.5 billion, followed by the "Gulf trade" with 6.5 billion dirhams, then "Burj Khalifa" and "Dubai Marina" at 3 and 4, with a value of approximately 5.8 billion dirhams each. It was the fifth place for the hub, which has seen deals worth 5.6 billion dirhams.