Dubai Real Estate Market Records $4.1bn in Transactions and 3,726 Sales Last Week
Dubai’s real estate sector registered AED14.88bn ($4.1bn) in transactions last week, as per data from the Land Department.
Sales accounted for the majority, reaching AED11.38bn ($3.1bn), according to the Land Department’s figures.
A total of 3,726 sales transactions were recorded between March 10 and March 14.
Top Transactions of the Week
Among the highest-value sales listed by the Land Department were:
- An office in Enara by Omniyat, Business Bay, sold for AED87.6m ($23.8m).
- An apartment in Luxury Family Residence III, Business Bay, sold for AED60.23m ($16.4m).
- An apartment in BV Residences 4, Palm Jumeirah, sold for AED57m ($15.5m).
Additionally, mortgage deals amounted to AED3.15bn ($858m) last week, while gift transactions were valued at AED350m ($95.3m).
