Summary of weekly real estate transactions for the week ending 09 February 2024.

Dubai: The real estate and properties transactions valued at 9.8 billion in total during the week ending 09 February 2024. The sum of transactions was 3,543.

 197 plots were sold for AED 1.61 billion, 2,572 apartments and villas were sold for AED 5.68 billion.

 The top three transactions were a land in Warsan Fourth sold for AED 120.32 million, followed by a land that was sold for AED 78.86 million in Al Barshaa South Third, and a land sold for AED 54 million in Wadi Al Safa 3 in third place.

Madinat Hind 4 recorded the most transactions for this week by 77 sales transactions worth AED 199.72 million, followed by Al Hebiah Fifth with 30 sales transactions worth AED 136.08 million, and Jabal Ali First with 11 sales transactions worth AED 51.65 million in third place.

Summary of weekly real estate transactions for the week ending 29 December 2023.

Dubai:The real estate and properties transactions valued at 14 billion in total during the week ending 29 December 2023. The sum of transactions was 3,063.

 216 plots were sold for AED 4.38 billion, 2,126 apartments and villas were sold for AED 5.38 billion.

 The top three transactions were a land in Zaabeel Second sold for AED 600 million, followed by a land that was sold for AED 456.52 million in Al Thanyah Fifth, and a land sold for AED 213.4 million in Wadi Al Safa 4 in third place.

RDC stimulates unprecedented transformation in rental and jointly owned property disputes

• Launches ‘Metaverse Litigation’ and activates the ‘Judicial Probe’ service.
• Tebyan digital connectivity platform connects RDC with 11 local and federal government entities.
• 96% of the cases registered at RDC were settled.
• The litigation accuracy rate showed consistent improvement, rising from 90% in 2021 to 93% in 2022 and 100% in 2023.
• Abdulqader Mousa: “Today, we are witnessing a pioneering transformation in the realm of litigation and rental dispute resolution, with our proactive initiatives aimed at attaining leadership and delivering a customer experience aligned with the highest global standards and practices.”

Summary of weekly real estate transactions for the week ending 15 December 2023.

Dubai: The real estate and properties transactions valued at 12.9 billion in total during the week ending 15 December 2023. The sum of transactions was 3,888.

 304 plots were sold for AED 3.53 billion, 2,744 apartments and villas were sold for AED 7.15 billion.

 The top three transactions were a land in Palm Jumeirah sold for AED 940 million, followed by a land that was sold for AED 169.48 million in Saih Shuaib 4, and a land sold for AED 102 million in Madinat Dubai Almelaheyah in third place.