A total of 1,600 real estate transactions worth more than $1.3bn (AED4.8bn) were conducted during the week ending 30th November, 2022, according to figures released by the Dubai Land Department (DLD).
The DLD report revealed that Dubai saw the sale of 176 plots for $272m (AED998.19m), as well as 1,052 apartments and villas for $632m (AED2.32bn).
Dubai property deals
Jebal Ali First recorded the most transactions for this week with 81 sales worth $77.7m (AED285.43m), followed by Al Hebiah Fifth with 50 sales transactions worth $39m (AED141.87m), and Al Yufrah 2 with six sales worth $2.2m (AED8m).
The top three transfers for apartments and villas were an apartment was sold for $10.3m (AED38m) in Jumeirah Second, and another for $10m (AED37m) in Palm Jumeirah, with a third being sold for $9.5 (AED35m) in Al Barsha First.
The sum of mortgaged properties for the week stood at $373m (AED1.37b).
Meanwhile, 38 properties were granted between first-degree relatives worth $30.7m (AED113m).
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