The Dubai real estate sector recorded AED20.1bn ($5.5bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED16.48bn ($4.5bn), according to Land Department data.
In total there were 4,116 sales transactions recorded between May 5 and May 9.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Jumeirah Residences Asora Bay in Jumeirah sold for AED96.9m ($26.3m)
- An apartment in Jumeirah Residences Asora Bay in Jumeirah sold for AED65.2m ($17.1m)
- An apartment in Jumeirah Residences Asora Bay in Jumeirah sold for AED65.2m ($17.1m)
The Land Department also showed mortgage deals worth AED2.87bn ($781m) last week.
Gift transactions in the same period were valued at AED740.9 ($202m).
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