The total value of land transactions in Dubai on Tuesday amounted to Dhs292.64 million, of which sales exceeded Dhs193 million. The total value of mortgages during the period was Dhs99.6 million, according to the Land Department.
A total of 18 sale transactions were registered with the Department by the end of tuesday, the most valuable of which was a plot in Al Karama that was sold for Dhs110 million. The next two most prominent sales saw a second plot in Al Barsha First acquired for the sum of Dhs24.251 million and another in Al Barsha First for Dhs14.72115 million
The Abu Hail area was the most active in terms of the yesterday's sales, with some 3 transactions. Al Karama followed it with 3 sales.
