Dubai's real estate sector recorded AED21.99bn ($6bn) in transactions between December 15 and 19, with sales dominating at AED 14.78bn ($4bn) across 4,386 deals, according to the Dubai Land Department. The luxury segment remained a key driver, led by high-value transactions in the so-called “Golden Triangle of Wealth,” including Palm Jumeirah, Palm Jebel Ali, Tilal Al Ghaf, and The Oasis. Notable deals included an AED41m ($11.1m) apartment at W Residences, Palm Jumeirah, an AED38.4m ($10.4m) office at Enara by Omniyat in Business Bay, and an AED38.2m ($10.4m) apartment at Solaya 6 in La Mer. Mortgage transactions totaled AED4.68bn ($1.3bn), while gift transfers reached AED2.53bn ($689m), highlighting continued confidence and momentum in Dubai's property market. (ICE DUBAI)

Fonte notizia: Dubai Real Estate Sees $6bn in Weekly Transactions as Luxury Sales Surge