The Dubai real estate sector recorded AED18.5bn ($5bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED14.57bn ($4bn), according to Land Department data.
In total there were 4,171 sales transactions recorded between April 7 and April 11.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Private Residences in Dubai Water Canal area sold for AED140m ($38.1m)
- An apartment in Como Residences in Palm Jumeirah sold for AED70.1m ($19.1m)
- An office in The 118 in the Burj Khalifa area sold for AED65m ($17.7m)
The Land Department also showed mortgage deals worth AED3.12bn ($849.4m) last week.
Gift transactions in the same period were valued at AED821.7m ($223.7m).
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