Dubai Land Department (DLD) CEO Sultan Butti Bin Majren said a big wave of real estate transactions is expected in 2019. In the last two weeks of 2018, the department recorded an increase in home sales contracts: 2,081 transactions for a total of $5.2 billion. 8 million dollars. Wadi Al Safa 5 became the leader among Dubai regions in terms of the number of contracts, with 43 transactions worth 17.7 million. Al Safa 7 (20 deals, worth 9.3 million) and Al Yelayiss 2 (13 deals, 5.2 million) were also among the top districts in terms of the number of deals.
In terms of sales of residential units, Al Warsan ranked first place with 196 deals worth $23.4 million, followed by Business Bay with 115 deals worth $40.6 million. Marsa Dubai came in third place with 98 transactions for a total value of 43.8 million.
In terms of the number of all transactions (land, complexes, individual units), Al Warsan First was in first place with 200 transactions worth 30 .2 million, followed by Business Bay (115 transactions, 40.6).
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