Dubai's real estate market recorded AED19 billion ($5.2 billion) in transactions last week, according to the Land Department. Sales dominated, reaching AED13.53 billion ($3.7 billion) across 4,477 transactions from February 24 to 28.

Top sales included an office in Enara by Omniyat, Business Bay, sold for AED84 million ($23 million), and two apartments in The Rings, Jumeirah, selling for AED55.2 million ($15 million) and AED54.4 million ($14.8 million), respectively.

Mortgage deals totaled AED4.69 billion ($1.3 billion), while gift transactions amounted to AED799 million ($218 million).