According to the Land Department, Dubai’s real estate sector thrives, recording AED17.16 billion ($4.7 billion) in transactions last week. Sales dominated the market, contributing AED12.24 billion ($3.3 billion) across 3,837 deals between March 3 and March 8.

Among the most high-profile sales:

• An office in Enara by Omniyat, Business Bay sold for AED68.8 million ($18.7 million)

• Another office in Enara by Omniyat went for AED60.8 million ($16.6 million)

• A hotel apartment in Address Residences, Burj Khalifa area fetched AED45.5 million ($12.4 million)

Mortgage deals totaled AED4.39 billion ($1.2 billion), while gift transactions were valued at AED534 million ($145 million). With high-value deals and strong investor confidence, Dubai’s real estate market continues to showcase resilience and growth.