The Dubai real estate sector recorded AED21.62bn ($5.9bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED12.32bn ($3.4bn), according to Land Department data.
In total there were 4,154 sales transactions recorded between August 4 and August 8.
Dubai real estate last 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 AED74.9m ($20.4m)
- An apartment in The Alba Residences in Palm Jumeirah sold for AED50.2m ($13.7m)
- An apartment in Casa Canal at Dubai Water Canal sold for AED50m ($13.6m)
The Land Department also showed mortgage deals worth AED7.87bn ($2.1bn) last week.
Gift transactions in the same period were valued at AED1.43bn ($389m).
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.