Dubai’s property sector recorded AED21.99 billion ($6 billion) in deals last week, per the Land Department. Mortgages led the activity with AED11.02 billion ($3.4 billion).
Source: Economy Middle East
Key highlights include 3,345 sales transactions from December 23–27. Top sales featured:
A Royal Atlantis apartment on Palm Jumeirah sold for AED58 million ($15.8 million).
Sobha Seahaven unit fetched AED27.34 million ($7.4 million).
Damac Bay apartment closed at AED26.8 million ($7.3 million).
Sales transactions totaled AED9.25 billion ($2.5 billion), while gift deals added AED1.72 billion ($468 million).