Dubai’s Real Estate Market Sees AED14.88 Billion in Transactions

Dubai’s real estate market recorded AED14.88 billion ($4.1 billion) in transactions last week, with sales making up AED11.38 billion ($3.1 billion) across 3,726 deals from March 10 to March 14, according to Land Department data.

Among the top sales:

• An office at Enara by Omniyat, Business Bay: AED87.6 million ($23.8 million)
• An apartment at Luxury Family Residence III, Business Bay: AED60.23 million ($16.4 million)
• An apartment at BV Residences 4, Palm Jumeirah: AED57 million ($15.5 million)

Additionally, mortgage transactions reached AED3.15 billion ($858 million), while gift transfers totaled AED350 million ($95.3 million).