The Dubai real estate sector recorded AED19.86bn ($5.4bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED14.78bn ($4bn), according to Land Department data.
In total there were 4,522 sales transactions recorded between November 3 and 7.
Dubai real estate last week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Jumeirah Residences Asora in Jumeirah First sold for AED96.9m ($26.4m)
- An apartment in Binghatti Aquarise – TOWER in Business Bay sold for AED45.7m ($12.4m)
- An apartment in Peninsula Dubai Residences – Tower in Jumeirah Second sold for AED37.6m ($10.2m)
The Land Department also showed mortgage deals worth AED4.11bn ($1.1bn) last week.
Gift transactions in the same period were valued at AED970m ($264m).
