The Dubai real estate sector recorded more than AED15bn ($4.1bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED12.91bn ($3.5bn), according to Land Department data.
In total there were 4,064 sales transactions recorded between August 5 and August 9.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in Armani Beach Residences, in Palm Jumeirah sold for AED48.9m ($13.3m)
- A second apartment in Six Senses Residences, in Dubai Marina sold for AED28.3m ($7.7m)
- An apartment in Royal Atlantis Resort and Residences, in Palm Jumeirah sold for AED25.4m ($6.9m)
The Land Department also showed mortgage deals worth AED1.7bn ($463m) last week.
Gift transactions in the same period were valued at AED413m ($112.5m).
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.
