Dubai’s real estate market has witnessed a total of AED13.78 bn in transactions for a week, resulting from 3,933 deals, according to data released by the Dubai Land Department, Invest-Gate reports.

Sales amounted to AED8.14 bn through 2,920 transactions, with Jumeirah Village Circle leading in sales volume at AED470 mn through 262 deals. Commercial Bay followed with around AED441.4 mn from 517 transactions, and Za’abeel 1 came third with AED438 mn from 137 deals.

Moreover, Residential unit sales (apartments and villas) reached approximately AED5.067 bn from 2,500 transactions. Burj Khalifa topped the list by selling an apartment for AED41.5 mn, followed by Dubai Water Canal at AED34.5 mn, and Jumeirah Beach Residence at AED33 mn.

Regarding lands, their value approached AED3.076 bn from 330 transactions. The highest value was recorded in Jumeirah Bay at AED155 mn, followed by Horizon at AED80 mn, and Tecom City at AED75.4 mn.

Furthermore, mortgages amounted to ADE5.1 bn from 579 transactions, with the highest in Al Hezam Second at AED3.2 bn from one transaction, followed by Al Quoz Third at AED175 mn from 37 transactions, and Emirates Hills at AED137.3 mn from 19 mortgages.

Finally, donations reached AED541 mn through 154 transactions, with the highest in Palm Jumeirah at AED95.2 mn from six transactions, followed by Commercial Bay at AED63 mn from 26 transactions and Emirates Hills at AED41 mn from two transactions.