Dubai’s real estate market recorded AED17.05 billion ($4.6 billion) in transactions last week, according to Land Department data. Sales dominated at AED12.31 billion ($3.4 billion), with 4,153 deals between February 3 and 7.

Among the highest sales were an apartment in The Rings, Jumeirah for AED116 million ($31.6 million), and properties in Palm Jumeirah’s Alba Residences and Serenia Residences for AED65 million ($17.7 million) and AED58 million ($15.8 million), respectively.

Mortgage transactions totaled AED4.15 billion ($1.1 billion), while gift transfers reached AED586 million ($160 million), reflecting Dubai’s dynamic property sector.