The Dubai real estate sector recorded AED9.8bn ($2.7bn) of transactions this week, according to the Dubai Land Department.
In the week ending February 9 there were 3,543 transactions.
197 plots were sold for AED1.61bn ($438m) and 2,572 apartments and villas were sold for AED5.68bn ($.1.547bn).
Dubai real estate this week
The top three transactions for land were a plot in Warsan Fourth sold for AED120.32m ($33m), followed by a plot sold for AED78.86m ($21m) in Al Barsha South Third, and land sold for AED 54m ($15m) in Wadi Al Safa 3 in third place.
Madinat Hind 4 recorded the most transactions this week, with 77 sales transactions worth AED199.72m ($54m), followed by Al Hebiah Fifth with 30 sales transactions worth AED136.08m ($37m), and Jebel Ali First with 11 sales transactions worth AED51.65m ($14m) in third place.
The top three transfers for apartments and villas were an apartment sold for AED140.45m ($38m) in Island 2, a home sold for AED119m ($32m) in Jumeirah First, and a third sold for AED80m ($22m) in Al Safouh Second.
The sum of the amount of mortgaged properties for the week was AED1.8bn ($490m), with the highest being a land in Wadi Al Safa 3, mortgaged for AED159.03m ($43m).
135 properties were granted between first-degree relatives worth AED725m ($197m).
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