The Dubai real estate sector registered AED17.28bn ($ 4.7 billion) or transactions last week, according to the land department data.
Sales transactions dominated the figures, with AED12.91BN ($ 3.5 billion), according to the land department data.
In total there were 3,886 sales transactions registered between March 17 and March 21.
Dubai Real Estate this week
Among the most ex -sales transactions that are on the website of the land department were:
- An Ava apartment in Palm Jumeirah by Omniyat in Palm Jumeirah was sold by AED73.4m ($ 20m)
- An apartment in the Alba residences of Omniyat in Palm Jumeirah was sold by AED50.86m ($ 13.8m)
- An apartment in the Alba residences of Omniyat in Palm Jumeirah was sold by AED49.48m ($ 13.5m)
The land department also showed mortgage agreements worth AED3.52 billion ($ 958.4 million) last week.
Gift transactions in the same period were valued at AED850.6m ($ 231.7m).
