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

Dubai’s real estate sector recorded transactions worth AED17.16bn ($4.7bn) last week, as per Land Department data.

Sales transactions accounted for AED12.24bn ($3.3bn), with a total of 3,837 sales recorded between March 3 and March 8.

Key Transactions This Week

Among the highest-value deals listed by the Land Department were:

  • An office in Enara by Omniyat, Business Bay, sold for AED68.8m ($18.7m)
  • Another office in Enara by Omniyat, Business Bay, sold for AED60.8m ($16.6m)
  • A hotel apartment in Address Residences, Burj Khalifa area, sold for AED45.5m ($12.4m)

Additionally, mortgage transactions totaled AED4.39bn ($1.2bn), while gift transactions for the same period reached AED534m ($145m).

YOU MIGHT ALSO LIKE

VIEW ALL

Compare listings

Compare
jQuery(document).ready(function(){ if(typeof elementorFrontend !== 'undefined'){ elementorFrontend.init(); } }); jQuery(document).ready(function(){ if(typeof elementorFrontend !== 'undefined'){ elementorFrontend.init(); } });