The Dubai real estate sector saw an incredible $5.8bn of transactions last week
The Dubai real estate sector recorded more than AED21.443bn ($5.8bn) of transactions last week, according to data from the Land Department.
Sales dominated the figures, with AED17.8bn ($4.8bn), according to Land Department data.
In total there were 5,321 sales transactions recorded between September 30 and October 4.
Dubai real estate this week
Among the top listed sales transactions listed on the Land Department website were:
- An apartment in BV Residences sold for AED45m ($12.2m)
- An apartment in Baccarat Hotel and Residences sold for AED32.3m ($8.8m)
- An apartment in BV Residences sold for AED31m ($8.4m)
The Land Department also showed mortgage deals worth AED3.01bn ($820m) last week.
Gift transactions in the same period were valued at AED633m ($172m).
Courtesy of Arabian Business
