The Dubai real estate sector recorded AED17.05bn ($4.6bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED12.31bn ($3.4bn), according to Land Department data.
In total there were 4,153 sales transactions recorded between February 3 and February 7.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in The Rings in Jumeirah sold for AED116m ($31.6m)
- An apartment in the Alba Residences in Palm Jumeirah sold for AED65m ($17.7m)
- An apartment in Serenia Residences in Palm Jumeirah sold for AED58m ($15.8m)
The Land Department also showed mortgage deals worth AED4.15bn ($1.1bn) last week.
Gift transactions in the same period were valued at AED586m ($160m).
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.
