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Dubai real estate sector recorded $4.7bn of transactions last week, including $19m office

Dubai real estate sector recorded $4.7bn of transactions last week, including $19m office

The Dubai real estate sector recorded AED17.16bn ($4.7bn) of transactions last week, according to data from the Land Department.
Sales transactions dominated the figures, with AED12.24bn ($3.3bn), according to Land Department data.
In total there were 3,837 sales transactions recorded between March 3 and March 8.
Dubai real estate this week
Among the most expensive sales transactions listed on the Land Department website were:
An office in Enara by Omniyat in Business Bay sold for AED68.8m ($18.7m)
An office in Enara by Omniyat in Business Bay sold for AED60.8m ($16.6m)
A hotel apartment in Address Residences in Burj Khalifa area sold for AED45.5m ($12.4m)
The Land Department also showed mortgage deals worth AED4.39bn ($1.2bn) last week.
Gift transactions in the same period were valued at AED534m ($145m).
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