Dubai Land Department has said the emirate has seen a total of 1,254 real-estate transactions this week, valued at AED4.9 billion ($1.33 billion).
The DLD weekly report said 174 plots were sold for AED920.4 million ($250.51 million), along with 1,080 apartments and villas sold for AED2.18 billion ($590.60 million).
The top three transactions were a plot of land in Business Bay worth AED69 million ($18.79 million), followed by two for AED47 million ($12.80 million) each in Mohammad Bin Rashid Gardens.
The top three transfers for apartments and villas were an apartment sold for AED69 million ($18.79 million) in Nad Hessa, followed by two transactions in Burj Khalifa worth AED50 million ($13.61 million) and AED44 million ($11.98 million) each.
The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million).
The total sum of the mortgaged properties for the week was AED1.64 bn ($446.56 million).
In addition, 79 properties were granted between first-degree relatives worth AED179.81 million ($48.96 million).
