Dubai’s real estate market saw AED 13.58 billion ($3.7 billion) in transactions last week with 3,894 sales recorded between December 9-13. Sales made up AED 10.42 billion ($2.8 billion) of the total.

Notable high-value deals included:

• A $15.7 million apartment in the Dorchester Collection, Business Bay

• A $11 million apartment in Ela Residences, Palm Jumeirah

• A $10.1 million apartment in Marina Apartments, Palm Jumeirah

Additionally, mortgage deals totaled AED 2.27 billion ($618 million) and gift transactions reached AED 889 million ($242 million).