Dubai real estate sector saw $2.7bn of transactions and 3,098 sales last week, including $11.4m Business Bay office.

The Dubai real estate sector recorded AED9.83bn ($2.7bn) of transactions last week, according to data from the Land Department.

Sales transactions dominated the figures, with AED7.05bn ($1.9bn), according to Land Department data.

In total there were 2,465 sales transactions recorded between August 31 and September 4.

Dubai real estate last week

Among the most expensive sales transactions listed on the Land Department website were:

• An office in Lumena Alta by Omniyat in Business Bay sold for AED41.8m ($11.4m)
• An apartment in Muraba Veil in Dubai Water Canal sold for AED31.6m ($8.6m)
• An apartment in Orla by Omniyat in Palm Jumeirah sold for AED29.4m ($8m)

The Land Department also showed mortgage deals worth AED2.01bn ($547m) last week.

Gift transactions in the same period were valued at AED774m ($211m).