In terms of mortgaged properties, the total sum last week reached AED 1.42B (USD 386M) with the most expensive property being a plot of land in Al Barsha South Second, which was mortgaged for AED 260M (USD 70M). Moreover, 93 properties with a total value of AED 337M (USD 92M) were gifted between first-degree relatives.
A residence in Dubai is an
ideal investment tool which can bring you a stable income. Among the recently launched projects which have already attracted the attention of buyers, are Elitz 3 by Danube in Jumeirah Village Circle (JVC) from Danube Properties, The Farmhouses in DAMAC Hills 2 and Coral Reef in Dubai Maritime City from DAMAC Properties.