The Dubai real estate sector recorded AED25.88bn ($7bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED22.04bn ($6.7bn), according to Land Department data.
In total there were 8,328 sales transactions recorded between July 7 and July 11.
Dubai real estate last week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Six Senses Residences The Palm in Palm Jumeirah sold for AED116m ($31.6m)
- An apartment in The Alba Residences in Palm Jumeirah sold for AED70m ($19m)
- An apartment in Ava at Palm Jumeirah by Omniyat in Palm Jumeirah sold for AED64.5m ($17.5m)
The Land Department also showed mortgage deals worth AED2.87bn ($781m) last week.
Gift transactions in the same period were valued at AED966m ($264m).
