According to the Land Department, Dubai’s real estate market saw AED17.28 billion ($4.7 billion) worth of transactions between March 17 and 21. Sales accounted for AED12.91 billion ($3.5 billion) across 3,886 deals.
High-end sales included:
AED73.4M ($20M) apartment at AVA at Palm Jumeirah by Omniyat
AED50.86M ($13.8M) and AED49.48M ($13.5M) apartments at The Alba Residences by Omniyat
Source: Pexels.com
Additionally, mortgage deals totaled AED3.52 billion ($958.4 million), while gift transactions reached AED850.6 million ($231.7 million).