Dubai real estate sector recorded $4.6bn of transactions last week, including $31.6m Jumeirah apartment
The Dubai real estate sector recorded AED17.05bn ($4.6bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED12.31bn ($3.4bn), according to Land Department data.
In total there were 4,153 sales transactions recorded between February 3 and February 7.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
An apartment in The Rings in Jumeirah sold for AED116m ($31.6m)
An apartment in the Alba Residences in Palm Jumeirah sold for AED65m ($17.7m)
An apartment in Serenia Residences in Palm Jumeirah sold for AED58m ($15.8m)
The Land Department also showed mortgage deals worth AED4.15bn ($1.1bn) last week.
Gift transactions in the same period were valued at AED586m ($160m).
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