A total of 3,474 real estate transactions worth AED9.62bn (2.6bn) were conducted during the week ending November 4, according to figures released by the Dubai Land Department.
A total of 348 plots were sold for AED2.38bn ($640m), and 3,126 apartments and villas were purchased for AED7.23bn (1.97bn).
The top three Dubai real estate transactions this week were two lands sold for AED350m ($95m) in World Islands and AED95m ($26m) in Island 2, followed by another land sold for AED74m ($20m) in Al Safa 2.
Jebel Ali recorded the most transactions for this week by 122 sales transactions worth AED429m ($117m), followed by Al Hebiah Fifth with 72 transactions worth AED176m ($48m) and Al Hebiah Fourth with 24 transactions worth AED215m ($59m).
The sum of mortgaged properties for the week was AED1.33bn ($360bn), with the highest being a land in Al Hamriya, mortgaged for AED150m ($41m).
79 properties were granted between first-degree relatives worth AED2.12 million, the DLD stated.
The Dubai Land Department revealed there had been $650m of deals on Thursday alone as the rush to buy and sell property in Dubai continued.
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