Dubai real estate sector recorded $3.8bn of transactions last week, including $12.7m Burj Khalifa office

The Dubai real estate sector saw AED13.65bn ($3.7bn) in transactions last week, as reported by the Land Department.

Sales transactions accounted for the majority, totaling AED9.98bn ($2.7bn), according to the data.

Between January 27 and January 31, 3,344 sales transactions were recorded.

Among the top transactions listed on the Land Department website were:

  • An office in the Burj Khalifa, sold for AED46.5m ($12.7m)
  • An apartment in Six Senses Residences The Palm, Palm Jumeirah, sold for AED40m ($10.9m)
  • An apartment in Il Primo, Burj Khalifa area, sold for AED28.5m ($7.8m)

Additionally, mortgage deals amounted to AED2.61bn ($710.6m), while gift transactions were valued at AED1.06bn ($288.6m).

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