Dubai saw real-estate transactions worth AED4.9 billion ($1.33 billion) during the week ended January 28.
This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.
A total of 139 plots were sold for AED784.14 million ($213.52 million) in addition to 1,172 apartments and villas for AED2.73 billion ($743.36 million).
The top two transactions were a land in Al Thanayah Fourth sold for AED 50 million ($13.61 million), followed by a land that was sold for AED43 million ($11.71 million) in Hadaeq Sheikh Mohammed Bin Rashid.
Al Hebiah Fifth recorded the most transactions for this week, with 62 sales worth AED134.73 million ($36.69 million)
This was followed by Al Hebiah Fourth with 21 sales worth AED154.78 million ($42.15 million), and Al Yufrah 2 with 15 sales transactions worth AED15 million ($4.08 million) in third place.
The top three transfers for apartments and villas included an apartment sold for AED383 million ($104.29 million) in Marsa Dubai, another sold for AED270 million ($73.52 million) in Business Bay, and the third apartment was purchased for AED 252 million ($68.62 million) in Business Bay.
Mortgaged properties for the week amounted to AED1.25 billion ($340.37 million), with the highest being a land in Al Muteena, mortgaged for AED113 million ($30.77 million).
A total of 55 properties were granted between first-degree relatives worth AED196 million ($53.37 million).
