The Dubai real estate sector recorded AED17.95bn ($4.9bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED12.6bn ($3.4bn), according to Land Department data.
In total there were 3,450 sales transactions recorded between February 17 and February 21.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Muraba Veil in the Water Canal area sold for AED33m ($9m)
- An apartment in Muraba Veil in the Water Canal area sold for AED30.4m ($8.3m)
- An apartment in One at Palm Jumeirah in Palm Jumeirah sold for AED29m ($7.9m)
The Land Department also showed mortgage deals worth AED3.47bn ($945m) last week.
Gift transactions in the same period were valued at AED1.88bn ($512m).
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