The emirate of Dubai saw real-estate and property transactions valued at AED7 billion ($1.91 billion) in total during the week ending March 4, according to data from the Dubai Land Department (DLD).
The DLD weekly report said the total number of transactions stood at 2,131 for the week gone by.
A total of 229 plots were sold for AED1.44 billion ($392.1 million), according to the data.
Also, 1,455 apartments and villas were sold for AED3.29 billion ($895.85 million) in the week.
The top transactions were led by a land in Marsa Dubai sold for AED412.95 million ($112.44 million).
This was followed by a land that was sold for AED60.89 million ($16.58 million) in Al Wasl.
Al Hebiah Fifth recorded the most transactions for this week, with 90 sales worth AED203.19 million ($55.33 million).
This was followed by Jabal Ali First with 29 sales worth AED97.55 million ($26.56 million).
In third place was Wadi Al Safa 5 with 22 sales transactions, although they were worth AED109 million ($29.68 million).
The top three transfers for apartments and villas were led by an apartment that was sold for AED545 million ($148.4 million) in Palm Jumeirah.
The second was an apartment in Marsa Dubai that was sold for AED289 million ($78.69 million).
In third place was an apartment in Al Khairan First sold for AED261 million ($71.07 million).
The total amount of mortgaged properties for the week was AED2.17 billion ($590.88 million).
The highest was a land in Hadaeq Sheikh Mohammed Bin Rashid, mortgaged for AED529 million ($70.52 million).
A total of 59 properties, worth AED164 million ($44.66 million), were granted between first-degree relatives.
