Dubai’s real estate division recorded an AED of US$170.5 billion ($4.6 billion) last week.
In sales transactions, this figure controlled AED 123.1 billion (US$3.4 billion) according to State Department data.
A total of 4.153 sales transactions were recorded between Feb 3 to Feb 7.
Dubai real estate this week
Some of the most expensive sales transactions listed on the country’s website include:
- Jumeirah Ring apartment sold at AED116M (US$31.6 million)
- The apartment in Alba residence, Palm Jumeirah sold for AED 65 million ($17.7 million).
- Palm Jumeirah’s Serenia Residence apartment sold for 58m ($15.8 million).
Last week, the country’s division also showed mortgage shops worth US$450 million (US$1.1 billion).
Gift transactions for the same period were valued at AED586M ($160 million).