The Dubai real estate market recorded AED 13.528 billion ($3.7 billion) in transactions last week with sales accounting for AED 9.61 billion ($2.6 billion), according to the latest data from the Land Department.

Between November 4 and November 8, there were 3,396 property sales. Notably, some of the most affordable sales included apartments in Dubai’s Production City with prices as low as AED 200,307 ($54,500) for one unit and AED 200,918 ($54,700) for another.

In addition to these sales, mortgage deals reached AED 2.99 billion ($814 million) while gift transactions amounted to AED 928 million ($253 million). The strong market activity highlights ongoing demand across different property segments in Dubai.