{"id":11817,"date":"2023-02-21T16:51:13","date_gmt":"2023-02-21T11:51:13","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=11817"},"modified":"2023-02-21T16:51:13","modified_gmt":"2023-02-21T11:51:13","slug":"real-estate-transactions-in-uae-reach-aed-10-4-billion-in-a-single-week","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/real-estate-transactions-in-uae-reach-aed-10-4-billion-in-a-single-week\/","title":{"rendered":"Real Estate Transactions in UAE Reach AED 10.4 Billion in a Single Week"},"content":{"rendered":"<p>DUBAI: The real estate market in the UAE continues to boom as the week ending 17 February 2023 saw a staggering 2,702 real estate transactions taking place, with a total value of AED10.4 billion.<\/p>\n<p>Among these transactions, 221 plots and 1,866 apartments and villas were sold for a whopping AED1.42 billion and AED4.63 billion respectively.<\/p>\n<p>The top three transactions of the week were all in the sought-after Business Bay area, with a land sale leading the pack at AED150 million, followed by another land sale for AED75 million, and a third land sale for AED150 million.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/dubai-tenants-fall-victim-to-unscrupulous-landlords\/\" target=\"_blank\" rel=\"dofollow\" class=\"u34b8103f3b160663c0a29825c5561fc1\"><style> .u34b8103f3b160663c0a29825c5561fc1 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u34b8103f3b160663c0a29825c5561fc1:active, .u34b8103f3b160663c0a29825c5561fc1:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u34b8103f3b160663c0a29825c5561fc1 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u34b8103f3b160663c0a29825c5561fc1 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u34b8103f3b160663c0a29825c5561fc1 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u34b8103f3b160663c0a29825c5561fc1:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">Dubai Tenants Fall Victim to Unscrupulous Landlords<\/span><\/div><\/a><\/div>\n<p>Moreover, a total of AED3.55 billion worth of properties were mortgaged during the week, with the highest value belonging to land in Al Warsan First that was mortgaged for AED1 billion.<\/p>\n<p>These figures are a testament to the robustness of the UAE&#8217;s real estate market, which continues to attract investors from all around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI: The real estate market in the UAE continues to boom as the week ending 17 February 2023 saw a staggering 2,702 real estate transactions taking place, with a total value of AED10.4 billion. Among these transactions, 221 plots and 1,866 apartments and villas were sold for a whopping AED1.42 billion and AED4.63 billion respectively. The top three transactions of the week were all in the sought-after Business Bay area,\u2026<\/p>\n","protected":false},"author":2,"featured_media":9587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-11817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Dubai-2.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Dubai-2.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Dubai-2.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"Real Estate Transactions in UAE Reach AED 10.4 Billion in a Single Week","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=11817","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/11817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=11817"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/11817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/9587"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=11817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=11817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=11817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}