Dubai real estate sector recorded $5.1bn of transactions last week, including $22m Jumeirah apartment

The Dubai real estate sector recorded AED18.7bn ($5.1bn) of transactions last week, according to data from the Land Department.

Sales transactions dominated the figures, with AED14.2bn ($3.9bn), according to Land Department data.

In total there were 4,810 sales transactions recorded between November 17 and 21.

Dubai real estate last week

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

• An apartment in Solaya 2 in Jumeirah First sold for AED82.4m ($22.4m)
• An apartment in Solaya 2 in Jumeirah First sold for AED46.6m ($12.7m)
• An apartment in Enara by Omniyat in Business Bay sold for AED42.9m ($11.7m)

The Land Department also showed mortgage deals worth AED3.59bn ($977m) last week.

Gift transactions in the same period were valued at AED912m ($248m).