The Dubai real estate sector saw land and property deals valued at more than AED9.1bn ($2.5bn) this week, according to Land Department statistics.
The week ending June 9, saw a total of 3,397 transactions.
Land department data showed that 204 plots were sold for AED1.52bn ($414m) and 2,562 apartments and villas were sold for AED5.69bn ($1.5bn).
Dubai real estate this week
The top three land transactions were a plot sold in Wadi Al Safa 3 sold for AED90.04m ($24.5m), followed by a land that was sold for AED81.5m ($22.2m) in Hadaeq Sheikh Mohammed Bin Rashid, and land sold for AED78.18m ($21.3m) in Wadi Al Safa 3.
Al Hebiah Fifth recorded the most transactions for this week, with 31 sale transactions worth AED96.17m ($26.2m), followed by Wadi Al Safa 3 with 28 sales transactions worth AED467.65m ($127.3m), and Madinat Hind 4 with 25 sales transactions worth AED32m ($8.7m) in third place.
The top three transfers for apartments and villas were a property sold for AED80m ($21.7m) in Al Thanayah Fourth, a property sold for AED55m ($15mm) in Palm Jumeirah, and apartment sold for AED52m ($14.1m) in Zaabeel First.
The sum of the amount of mortgaged properties for the week was AED1.52bn ($414m), with the highest being a plot of land in Nadd Hessa, mortgaged for AED122m ($33.2m).
134 properties in Dubai were granted between first-degree relatives worth AED340m ($92.6m).
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