Dubai’s real estate market recorded AED 16.55 billion ($4.5 billion) in transactions last week with sales making up AED 9.29 billion ($2.5 billion). A total of 3,161 transactions took place from November 18 to November 22.

Among the high-value deals, a luxury apartment in the Dorchester Collection sold for AED 91.35 million ($24.9 million) and two offices in Enara by Omniyat were sold for AED 83.8 million ($22.8 million) and AED 83.2 million ($22.6 million), respectively.

Additionally, the week saw mortgage transactions totaling AED 3.88 billion ($1.1 billion) and gift transactions valued at AED 3.38 billion ($920 million).