The Dubai real estate sector recorded AED12.13m ($3.3bn) of transactions last week, according to data from the Land Department.
Mortgages dominated the figures, with AED9.06bn ($2.5bn), according to Land Department data.
In total there were 3,126 sales transactions recorded between January 13 and January 17.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Ocean House in Palm Jumeirah sold for AED50m ($13.6m)
- A hotel apartment in One Za’abeel Tower in Zaabeel First sold for AED45m ($12.3m)
- An apartment in BV Residences 6 in Jumeira Bay sold for AED35m ($9.8m)
The Land Department also showed sales deals worth AED2.6bn ($708m) last week.
Gift transactions in the same period were valued at AED472m ($128.5m).
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