Dubai real estate sector recorded $4.4bn of transactions last week, including $10m Bugatti apartment

The Dubai real estate sector saw $4.4bn of transactions and 4,326 sales last week

The Dubai real estate sector recorded AED16.12bn ($4.4bn) of transactions last week, according to data from the Land Department.

Among the most expensive sales transactions listed on the Land Department website were:

  • An apartment in Bugatti Residences by Binghatti in Business Bay sold for AED36m ($9.8m)
  • An apartment in The Bristol Emaar Beachfront in Marsa Dubai sold for AED34.8m ($9.5m)
  • An apartment in Bugatti Residences by Binghatti in Business Bay sold for AED30m ($8.6m)

The Land Department also showed mortgage deals worth AED3.98n ($1.1bn) last week.

Gift transactions in the same period were valued at AED539m ($146.8m).

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