Last week, the Dubai real estate market generated AED17.99 billion ($4.9 billion) in transactions, according to Land Department figures.
Sales transactions topped the results, totaling AED13.52 billion ($3.7 billion), according to Land Department data.
There were a total of 4,662 sales transactions recorded between April 14 and April 18.
Dubai real estate this week
Among the most expensive sales transactions listed on the Dubai Land Department’s website were:
- An apartment at The Alba Residences in Palm Jumeirah sold for AED61.3 million ($16.7 million).
- An apartment at Address Grand Downtown in the Burj Khalifa sold for AED51.6 million ($14.1 million).
- An apartment at The Alba Residences in the Palm Jumeirah neighborhood sold for AED51.6 million ($14 million).
Last Monday, the Land Department showed mortgage sales for AED3.66 billion ($996.5 million).
In the same year, gift transactions totaled AED805.4 million ($219.3 million).