The Dubai real estate sector recorded AED19bn ($5.2bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED13.53bn ($3.7bn), according to Land Department data.
In total there were 4,477 sales transactions recorded between February 24 and February 28.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An office in Enara by Omniyat in Business Bay sold for AED84m ($23m)
- An apartment in The Rings in Jumeirah sold for AED55.2m ($15m)
- An apartment in The Rings in Jumeirah sold for AED54.4m ($14.8m)
The Land Department also showed mortgage deals worth AED4.69bn ($1.3bn) last week.
Gift transactions in the same period were valued at AED799 ($218m).
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