Dubai Records Land Sale and Mortgage Deals Worth AED 134 Million

Dubai Investment Park

Dubai’s property market started Friday with two major land transactions totaling AED 134 million, reflecting steady movement in both the residential and commercial sectors.

According to figures reported by the Dubai Rest app, the first deal involved the sale of a residential land plot in Dubai Hills for AED 75 million. The plot covers a total area of around 13,000 square feet, with an average price of AED 5,739 per square foot. The transaction underlines the ongoing appeal of Dubai Hills as one of the emirate’s most sought-after residential locations.

The second transaction was a mortgage registration on a commercial land plot in Dubai Investment Park 2, valued at AED 59 million. The land spans approximately 212,000 square feet, with a price of AED 278 per square foot. This points to continued interest in larger commercial assets within key investment and business zones.

Two deals show the diversity of activity in Dubai’s real estate market, where residential and commercial opportunities continue to attract attention.

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