Dubai real estate: More than $4bn of property transactions in just one week

Almost 3,000 Dubai real estate transactions saw a total of more than $4bn of activity

Atotal of 2,867 real estate transactions worth more than $4.08bn (AED15bn) were conducted during the week ending 25th November according to figures released by the Dubai Land Department (DLD).

The DLD report revealed that Dubai saw the sale of 313 plots for $427m (AED1.57bn), as well as 1,936 apartments and villas for $1.22bn (AED4.48bn).

Al Hebiah Fifth recorded the most transactions for this week with 110 sales worth $95.6m (AED351.33m), followed by Jebal Ali First with 73 sales worth $64.4m (AED236.59m), and Al Yufrah 2 with 23 sales worth $7.0mm (AED29m).