The Dubai real estate sector recorded more than AED12.9bn ($3.5bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED10.43bn ($2.8bn), according to Land Department data.
In total there were 2,928 sales transactions recorded between July 8 and July 12.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in One Canal, sold for AED33m ($9m)
- A second apartment in One Canal, sold for AED28m ($7.66m)
- An apartment in Baccarat Residences, near the Burj Khalifa sold for AED27.6m ($7.5m)
The Land Department also showed mortgage deals worth AED1.86bn ($506.4) last week.
Gift transactions in the same period were valued at AED592m ($161.2m).
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