The largest transaction was the purchase of a land plot in Al Barsha South Second in the amount of AED 210M (USD 57.2M). The most expensive residence, located in Nad Al Sheba First, was sold for AED 177M (USD 48.2M).

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January 30, 2024.

The Dubai Land Department (DLD) documented a total of 4,123 successfully completed transactions during the week, encompassing 312 land plots valued at AED 3B (USD 816.9M), and 2,696 apartments and villas, amounting to AED 5.8B (USD 1.6B) in sales.

The largest number of transactions between January 22th to 28th, 2024 were registered in Madinat Hind 4, with 133 transactions worth a staggering AED 338M (USD 92M). In second place was Al Hebiah Fifth with 49 transactions worth AED 169M (USD 46M), while Al Hebiah Fourth came in third place with 20 transactions amounting to AED 500M (USD 136M).

The largest real estate transaction was for a residence in Nad Al Sheba First, totaling AED 177M (USD 48.2M). Second and third places are for Palm Jumeirah apartments valued at AED 78.6M (USD 21.4M) and AED 44M (USD 12M), respectively.

Real estate deals totalling a massive AED 14.2B (USD 3.9B) were concluded in Dubai's property market over the course of just one week