The Dubai real estate sector saw $3.6bn of transactions last week
The Dubai real estate sector recorded more than AED13.36bn ($3.6bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED10.01bn ($2.7bn), according to Land Department data.
In total there were 4,243 sales transactions recorded between September 16 and September 20.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in Six Senses Residences in Dubai Marina sold for AED99m ($27m)
- An apartment in Baccarat Residence in the Burj Khalifa area sold for AED34.3m ($9.3m)
- An apartment in Como Residences in Palm Jumeirah sold for AED22.6m ($6.1m)
The Land Department also showed mortgage deals worth AED2.68bn ($730m) last week.
Gift transactions in the same period were valued at AED670m ($182m).
Courtesy of Arabian Business
