The Dubai real estate sector recorded AED14.54m ($4bn) of transactions last week, according to data from the Land Department.
Mortgages dominated the figures, with AED11.82bn ($3.2bn), according to Land Department data.
In total there were 3,432 sales transactions recorded between January 6 and January 1027.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in One Canal in Water Canal area sold for AED38.5m ($10.5m)
- An apartment in Casa Canal in Water Canal area sold for AED28.7m ($7.8m)
- An apartment in Il Primo in Burj Khalifa area sold for AED27m ($7.3m)
The Land Department also showed sales deals worth AED2.12bn ($577.3m) last week.
Gift transactions in the same period were valued at AED596m ($162.3m).
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