Sales in the week of 26 to 30 October reached AED 7.44 billion across 2,579 deals, led by a AED 55 million apartment at Balqis Residence on Palm Jumeirah.
Dubai Land Department (DLD) registered AED 12.26 billion ($3.3 billion) of real estate transactions between 26 and 30 October. Sales accounted for AED 7.44 billion across 2,579 deals, mortgages for AED 3.51 billion and gifts for AED 1.31 billion.
The week's top sale was a AED 55 million ($15 million) apartment at Balqis Residence Beach Villas on Palm Jumeirah, while an office in Bureau Lamar, Business Bay, sold for AED 43.76 million, underlining steady demand for both ultra prime homes and premium offices.
Source: Arabian Business
