Dubai real estate: $2.8bn of property deals this week

The Dubai Real Estate sector saw 3,050 real estate transactions worth AED10.4bn ($2.8bn) this week, according to the city Land Department.

The Land Department data showed 189 plots were sold for AED1.19bn and 2,239 apartments and villas were sold for AED5.11bn.

The top three land transactions were a plot in Al Thanayah Fourth sold for AED52m, followed by land sold for AED40.62m in Saih Shuaib 2, and a land sold for AED35.36m in Palm Deira in third place.