Dubai’s real estate sector registered AED18.5bn ($ 5 billion) or transactions last week, according to the land department data.
Sales transactions dominated the figures, with AED14.57bn ($ 4 billion), according to the land department data.
In total there were 4,171 sales transactions registered between April 7 and April 11.
Dubai Real Estate this week
Among the most ex -sales transactions that are on the website of the land department were:
- An apartment in private residences in the Dubai water channel area was sold by AED140m ($ 38.1m)
- An apartment in as residents in Palm Jumeirah was sold by AED70.1m ($ 19.1m)
- An office in 118 in the Burj Khalifa area sold by AED65m ($ 17.7m)
The land department also showed mortgage agreements worth AED3.12 billion ($ 849.4 million) last week.
Gift transactions in the same period were valued in AED821.7m ($ 223.7m).
