Nearly 2,000 flats and villas were sold in Dubai in one week

According to the Dubai Land Department, the week’s real estate transactions in Dubai reached AED 15 billion ($4 billion), a positive conclusion to the market.
During the week ending November 25, buyers snapped up a total of 1,936 apartments and villas in Dubai with a combined value of AED 4.48 billion. Investors also acquired 313 plots for AED 1.57 billion.
Overall, the property market closed 2,867 transactions during the week.
The deals were led by Al Hebiah Fifth, which recorded 110 sales transactions worth AED 351.33 million, followed by Jabal Ali First with 73 deals valued at AED 236.59 million and Al Yufrah 2 with 23 transactions worth AED 29 million.
Among the residential properties that were sold was a 52 million AED apartment in Jumeirah Second. On the Palm Jumeirah island, two further apartments were sold for a combined AED73 million.