The Dubai real estate sector recorded more than AED14.65bn ($4bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED10.93bn ($3bn), according to Land Department data.
In total there were 3,530 sales transactions recorded between August 19 and August 23.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in Vela by Omniyat sold for AED42.9m ($11.7m)
- An apartment in Six Senses Residence The Palm sold for AED32.8m ($8.9m)
- An apartment in Eden House The Canal sold for AED30m ($8.1m)
The Land Department also showed mortgage deals worth AED2.63bn ($716.1m) last week.
Gift transactions in the same period were valued at AED1.09bn ($297m).
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