The Dubai real estate sector reported AED 15.46 billion ($4.2 billion) in transactions last week, according to data from the Land Department.
Sales accounted for the majority, totaling AED 11.67 billion ($3.2 billion), as per the Land Department’s figures.
In total, there were 4,645 sales transactions recorded from October 7 to October 11.
This week in Dubai real estate, the top sales transactions listed on the Land Department website included:
– An apartment in Como Residences, Palm Jumeirah, sold for AED 53.6 million ($14.6 million).
– An apartment in Eden House, The Canal, sold for AED 33.7 million ($9.2 million).
– Another apartment in Eden House, The Canal, sold for AED 30.1 million ($8.4 million).
Additionally, the Land Department reported mortgage deals worth AED 2.67 billion ($727 million) during the same week.
Gift transactions for that period were valued at AED 1.12 billion ($305 million).
