The Dubai real estate sector recorded AED13.83m ($3.8bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED10.65bn ($2.9bn), according to Land Department data.
In total there were 3,614 sales transactions recorded between January 20 and January 24.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in AVA at Palm Jumeirah by Omniyat in Palm Jumeirah sold for AED56.9m ($15.5m)
- An apartment in Baccarat Residence T1 in the Burj Khalifa area sold for AED31m ($8.4m)
- An apartment in Baccarat Residence T2 in the Burj Khalifa area sold for AED25.3m ($6.9m)
The Land Department also showed mortgage deals worth AED2.43bn ($662m) last week.
Gift transactions in the same period were valued at AED748m ($203.5m).
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