The Dubai real estate sector recorded AED22.94bn ($6.25bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED18.39bn ($5bn), according to Land Department data.
In total there were 4,638 sales transactions recorded between May 26 and May 30.
Dubai real estate last week
Some of the most expensive sales transactions listed on the country’s website include:
- Jumeirah Residence Asora Bey apartment in Jumeirah sold for AED163.8 million (USD 44.6 million).
- Jumeirah Residence Asora Bey apartment sold for AED143.6 million ($39.1 million).
- The apartment in Jumeirah Residence Asora Bay sold for AED121.2 m (USD 33.1 million).
Last week, the land sector also showed mortgage shops worth AED3.47 billion (US$944 million).
Gift transactions for the same period were valued at AED USD 1.08 billion ($294 million).