Tag Archives: Dubai Land Department (DLD)

Dubai Land Department gains the ‘WELL Health-Safety Rating’ certificate for second year in a row

Dubai Land Department gains the ‘WELL Health-Safety Rating’ certificate for second year in a row

Dubai, UAE, 5 December 2022:  As part of its mission to consolidate its pioneering approach in advancing health and sustainability goals and achieving the highest international standards relating to buildings and their quality, Dubai Land Department’s (DLD) building gained the ‘WELL Health-Safety Rating’ certificate issued by the International WELL Building Institute (IWBI) for second year in a row. This confirms the success of DLD in achieving key features of the rating system, such as hygiene and sterilisation procedures, emergency preparedness programmes, innovation standards, and others.

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Summary of weekly real estate transactions for the week ending 28 October 2022

Summary of weekly real estate transactions for the week ending 28 October 2022

Dubai: The real estate and properties transactions valued at AED 11.3 billion in total during the week ending 28 October 2022. The sum of transactions was 2,759.  234 plots were sold for AED 2.26 billion, 1,983 apartments and villas were sold for AED 4.74 billion.  The top three transactions were a land in Palm Jumeirah sold for AED 300 million, followed by a land that was sold for AED 130 million in Island 2, and a land sold for AED 300 million in Palm Jumeirah in third place.
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Summary of weekly real estate transactions for the week ending 21 October 2022

Summary of weekly real estate transactions for the week ending 21 October 2022

Dubai:

The real estate and properties transactions valued at AED 8 billion in total during the week ending 21 October 2022. The sum of transactions was 2,703.  

147 plots were sold for AED 1.12 billion, 2,023 apartments and villas were sold for AED 4.79 billion.  

The top three transactions were a land in Al Thanayah Fourth sold for AED 85 million, followed by a land that was sold for AED 63 million in Island 2, and a land sold for AED 85 million in Al Thanayah Fourth in third place.

Jabal Ali First recorded the most transactions for this week by 48 sales transactions worth AED 151.59 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 18 sales transactions worth AED 421.33 million, and Al Yufrah 2 with 11 sales transactions worth AED 13 million in third place.

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DLD showcases most prominent digital real estate services at GITEX Technology Week 2022

DLD showcases most prominent digital real estate services at GITEX Technology Week 2022

Dubai, 10 October 2022: Dubai Land Department (DLD) is participating in the global event, GITEX Technology Week 2022, one of the most prominent technology-related events in the world. GITEX is taking place until 14 October at the Dubai World Trade Centre, and DLD’s participation seeks to highlight its pioneering efforts in the real estate sector.

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DLD Mo’asher: Q2 Marked the Highest Quarterly volume of Sales Transactions for the last decade

DLD Mo’asher: Q2 Marked the Highest Quarterly volume of Sales Transactions for the last decade

Highlights for Q2 2022

  • Q2 2022 recorded a total of 22,504 sales transactions worth AED 59.15 billion.
  • Q2 2022 compared to the same quarter in 2021, the market witnessed an increase in value by 61.56 percent with an increase in sales volume by 45.86 percent.
  • Q2 2022 had a total of 123,856 rental contracts of which 59.48 percent of contracts were new and 40.52 percent were renewals
  • In Q2, 81.41 percent were annual contracts while 18.59 percent were non-annual contracts.
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