Member Options
Login Register Why Register ? Forgot Password Activate Account

Property Search

Type All Apartment Penthouse Duplex Triplex Loft apartment Condo Town houses Villa Farm house Beach house Shop Office Unit Office Floor Retail Unit Restaurant Plot Bedroom All Nill Studio 1 2 3 4 5 6 7 8 8+ Area All Less than 500 Sq.Ft 500 to 1000 Sq.Ft 1000 to 1500 Sq.Ft 1500 to 2000 Sq.Ft 2000 to 2500 Sq.Ft 2500 to 3000 Sq.Ft 3000 to 3500 Sq.Ft 3500 to 4000 Sq.Ft 4000 to 4500 Sq.Ft 4500 to 5000 Sq.Ft More than 5000 Sq.Ft Price All Less than 500K AED 500K to 1000K AED 1000K to 1500K AED 1500K to 2000K AED 2000K to 2500K AED 2500K to 3000K AED 3000K to 3500K AED 3500K to 4000K AED 4000K to 4500K AED 4500K to 5000K AED More than 5000K AED

Real Estate News
Azizi Investments confirmed purchase of land at Mina Rashid Arabtech Construction to construct Dubailand Project Radisson SAS Residence, Dubai Marina opens luxury apartments Etihad launches daily flights to Chennai and Kozhikode Bab Al Bahr Office Tower launched by Rakeen

Transactions worth Dh128.4m by Dubai Lands Department

- September 26, 2005, 1:09 pm

Dubai recorded Dh128.4 million worth of land transactions during the last two days.

According to a report issued by the Lands and Properties Department, the transactions exceeded Dh82 million, and the total value of mortgages was Dh32.1 million.

A total of 14 sales was registered, the most valuable of which was a plot in Naif which changed hands for Dh39.6 million, followed by a plot in Al Buteen, which fetched Dh20 million. A plot in the Al Ghusais area went for Dh8.8 million. The Mirdiff area was the most active with four transactions concluded yesterday.

The biggest single plot to change hands was 16,000 square feet in Al Ghusais-1. It sold for Dh8.8 million.

The second biggest was a 15,000-square-foot area in Al Warqa’-1 that fetched Dh4.9 million and a 15,000- square-foot plot in Mirdiff which changed hands for Dh3.5 million.

The department also registered three mortgages worth Dh32.1 million.

The most significant of them was Dh15.9 million for an area in Al Ghusais-1.

Meanwhile, the department will hold its seventh auction at 11am today. Three buildings will be presented in the Souq Al Kabeer area with various specifications and basic prices.

The department will start this week’s auction, which will be worth more than Dh64 million by presenting a 12,617-square-foot building with a starting price of Dh30 million, followed by a 6,413-square-foot building will be auctioned for a minimum of Dh9 million.

Related News

Amlak Finance sells 235 freehold apartments at SkyCourts

GCC market needs affordable homes for middle income group

Sweet Homes sells 40% towers within ‘Ajman Uptown’ project

Dubai Properties sell entire building in single day

EmaarMGF launches Boulder Hills in South India

Latest News

Dubai Property Prices to fall by 2011

Tamweel announced that it expects higher growth in 2008

Realty Capital cooperates with Al Naboodah to boost i-Rise

Nakheel partners with US food retailer Balducci’s

JCA Real Estate reveals Dhs252m residential Emerald Tower

News Archive

Currency Converter
From : U.A.E. Dirham Euro Pound Sterling U.S. Dollar To : U.A.E. Dirham Euro Pound Sterling U.S. Dollar