Dubai: Land deals

Published September 27th, 2005 - 01:17 GMT
Al Bawaba
Al Bawaba

The total value of land transactions in Dubai yastarday peaked at Dhs110.40  million, of which sales exceeded Dhs95 million. The total value of mortgages during the period was Dhs15.5 million, according to the Land Department.

 

A total of 12 sale transactions were registered with the Department by the end of the day, the most valuable of which was a plot in Ras Al Khor Industrial Second that was sold for Dhs31.45558 million. The next two most prominent sales saw a second plot in Ras Al Khor Industrial Second acquired for the sum of Dhs26.61516 million and another in Margham for Dhs11.58321 million.

 

The Al Barsha Third area was the most active in the day sales, with some 2 transactions. Ras Al Khor Industrial Second followed it with 2 sales.