Dubai real estate sector recorded $2.9bn of transactions last week, including $39m Jumeirah apartment

The Dubai real estate sector recorded AED10.7bn ($2.9bn) of transactions last week, according to data from the Land Department.

Sales transactions dominated the figures, with AED8.57bn ($2.3bn), according to Land Department data.

In total there were 2,706 sales transactions recorded between December 1 and 5.

Dubai real estate last week

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

• An apartment in Aman Residences in Jumeirah Second sold for AED145m ($39.4m)
• An apartment in Solaya 3 in Jumeirah First sold for AED99.7m ($27.1m)
• An office in Vision Tower in Business Bay sold for AED55m ($15m)

The Land Department also showed mortgage deals worth AED1.52bn ($414m) last week.

Gift transactions in the same period were valued at AED613m ($167m).