The Dubai real estate sector recorded more than AED 12.9B ($3.5B) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED 10.43bn ($2.8bn), according to Land Department data.
In total there were 2,928 sales transactions recorded between July 8 and July 12.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in One Canal, sold for AED 33M ($9M)
- A second apartment in One Canal, sold for AED 28M ($7.66M)
- An apartment in Baccarat Residences, near the Burj Khalifa sold for AED 27.6M ($7.5M)
The Land Department also showed mortgage deals worth AED 1.86B ($506.4) last week.
Gift transactions in the same period were valued at AED 592M ($161.2M).
