The Dubai real estate sector saw transactions valued at AED9.4bn ($2.6bn) this week, according to Dubai Land Department data.
In total there were 1,852 transactions in the week ending November 24.
This week 384 plots of land were sold for AED2.54bn ($692m) and 1,468 apartments and villas sold for AED3.38bn ($920m).
Dubai real estate this week
The top three transactions for land were a plot in Business Bay sold for AED140m ($38m), followed by land sold for AED87.5m ($24m) in Wadi Al Safa 5, and a plot sold for AED55m ($15m) in Warsan Fourth.
Wadi Al Safa 2 recorded the most transactions for this week, with 130 sales worth AED69.37m ($19m), followed by Saih Shuaib 1 with 43 sales transactions worth AED77.09m ($21m), and Palm Jebel Ali with 40 sales transactions worth AED980.48m ($268m).
The top three transfers for apartments and villas were a property sold for AED40.5m ($11m) in Palm Jumeirah, an apartment in the same district sold for AED34.5m ($9m) and a home in Al Merkadh sold for AED33m ($9m).
The sum of the amount of mortgaged properties for the week was AED2.97bn ($809m), with the highest being for a land in Al Thanyah 5, mortgaged for AED866.27m ($236m).
139 properties were granted between first-degree relatives worth AED507m ($139m).
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