The Dubai real estate sector recorded $4.1 billion in transactions last week, which included a $16 million apartment sale in Business Bay

The Dubai real estate sector witnessed $4.1 billion in transactions and 3,726 sales last week

Dubai real estate transactions

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Last week, the Dubai real estate market generated AED14.88 billion ($4.1 billion) in transactions, according to Land Department figures.

Sales transactions topped the results, totaling AED11.38 billion ($3.1 billion), according to Land Department data.

There were a total of 3,726 sales transactions between March 10 and March 14.

Dubai real estate this week

Among the highest-priced sales transactions listed on the Land Department website were:

Last Monday, the Land Department disclosed mortgage sales for AED3.15 billion ($858 million).

In the same year, gift transactions totaled AED350 million ($95.3 million).

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