Latest news with #AlbaResidences
Arabian Business
09-08-2025
- Business
- Arabian Business
Dubai real estate sector recorded $5.9bn of transactions last week, including $2.1bn of mortgages
The Dubai real estate sector recorded AED21.62bn ($5.9bn) of transactions last week, according to data from the Land Department. Sales transactions dominated the figures, with AED12.32bn ($3.4bn), according to Land Department data. In total there were 4,154 sales transactions recorded between August 4 and August 8. Dubai real estate last 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 AED74.9m ($20.4m) An apartment in The Alba Residences in Palm Jumeirah sold for AED50.2m ($13.7m) An apartment in Casa Canal at Dubai Water Canal sold for AED50m ($13.6m) The Land Department also showed mortgage deals worth AED7.87bn ($2.1bn) last week. Gift transactions in the same period were valued at AED1.43bn ($389m).
Arabian Business
09-02-2025
- Business
- Arabian Business
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).
