The Dubai real estate market recorded a total of AED 13.528 billion ($3.7 billion) in transactions last week, according to data from the Land Department.

Last updated: 9 months ago

Sales transactions made up the majority of the figures, amounting to AED 9.61 billion ($2.6 billion). A total of 3,396 sales transactions were recorded between November 4 and November 8.

Among the most affordable properties sold, an apartment in Production City was priced at AED 200,307 ($54,500), with another similar property selling for AED 200,918 ($54,700).

Additionally, mortgage transactions for the week totaled AED 2.99 billion ($814 million), and gift transactions were valued at AED 928 million ($253 million).