Dubai’s real estate market continues to soar, with last week’s transactions totaling a remarkable AED14.54 billion ($4 billion), as reported by the Dubai Land Department. The majority of these transactions came from sales, which accounted for AED9.12 billion ($2.5 billion).

Between November 11 and November 15 alone, 3,229 sales deals were recorded, reflecting the vibrancy of Dubai’s property sector.

Top Transactions

Among the standout deals:
– A luxury apartment at Six Senses Residences, The Palm, sold for AED130 million ($35.4 million)
– A Bugatti Residences by Binghatti apartment, closed at AED110.1 million ($30 million)
– An office space within Burj Khalifa Towers, sold for AED50 million ($13.6 million)

Additionally, mortgage deals for the week reached AED3.33 billion ($907 million), while gift transactions amounted to AED2.09 billion ($569 million), showcasing a diverse mix of high-value activities in Dubai’s property market.