Dubai Real Estate Market Report:
The Dubai real estate market in Al Khaleej has reported the sale of a residential apartment within a private housing project located on the Dubai Water Canal for 72 million dirhams. The apartment has an area of approximately 8,219 square feet, according to data from “Dubai Rest”. With this sale, the total sales in the sector reached 1.62 billion dirhams from 672 deals. The highest volume of sales in Palm Jumeirah at 157 million dirhams, followed by Wadi Al Safa 3 with around 120 million dirhams and Sheikh Mohammed bin Rashid Gardens with 108.5 million dirhams. Mortgages also reached 313 million dirhams through 150 procedures.
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