The Dubai real estate sector witnessed $4.3 billion in transactions last week, including the sale of two luxury apartments in Baccarat Residences.
According to data from the Land Department, the Dubai real estate sector recorded transactions exceeding AED15.9 billion ($4.3 billion) last week. Sales comprised the bulk of these transactions, amounting to AED11.71 billion ($3.2 billion). In total, 2,115 sales transactions were recorded between June 24 and June 28.
Dubai real estate this week
Here are the sentences revised while retaining their original meaning:
An apartment in Baccarat Residences, near the Burj Khalifa, was sold for AED43.5 million ($11.8 million).
Another apartment in Baccarat Residences, near the Burj Khalifa, was also sold for AED43.5 million ($11.8 million).
An apartment in Vela by Omniyat, Business Bay, was sold for AED36.4 million ($9.9 million).
The Land Department recorded mortgage deals worth AED3.32 billion ($904 million) last week.
Gift transactions during the same period were valued at AED862 million ($234 million).
