Dubai's real estate sector saw a strong performance last week recording AED 6.28 billion ($1.7 billion) in transactions despite a shorter week due to the Eid Al Etihad holidays. Of this, AED 4.89 billion ($1.3 billion) came from sales with 1,922 transactions taking place between December 2 and 9.

Notable sales included a Bluewaters Residences apartment for AED 84 million ($22.9 million), an office in Enara by Omniyat for AED 71.64 million ($19.5 million) and an apartment in Ela Residences by Omniyat for AED 69 million ($18.8 million). The week also saw AED 1.04 billion ($283 million) in mortgage deals and AED 348 million ($95 million) in gift transactions.