The Dubai real estate sector recorded AED6.28bn ($1.7bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED4.89bn ($1.3bn), according to Land Department data.
In total there were 1,922 sales transactions recorded between December 2 and December 9.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
- An apartment in Bluewaters Residences 9 sold for AED84m ($22.9m)
- An office in Enara by Omniyat sold for AED71.64m ($19.5m)
- An apartment in Ela Residences by Omniyat sold for AED69m ($18.8m)
The Land Department also showed mortgage deals worth AED1.04bn ($283m) last week.
Gift transactions in the same period were valued at AED348m ($95m).
Follow us on
For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.