Dubai’s real estate market experienced a surge in activity, with a total of 15.1 billion dirhams in transactions within a week, as reported by the “Dubai Rest” application of the Land Department. The residential market recorded 3,370 sales worth 6.9 billion dirhams, with apartments accounting for the largest share. The highest residential deals were in “Palm Jumeirah”, “Burj Khalifa”, and “Al Jaddaf”. Land sales reached 2.87 billion dirhams, with the highest deals in “Mohammed Bin Rashid City – District 1” and “Palm Jumeirah”. Mortgages totaled 4.4 billion dirhams, with the highest recorded in “Palm Jumeirah” and “Business Bay”. Donations reached 914.4 million dirhams, with the highest in “Al Quoz Industrial First”, “Palm Jumeirah”, and “Jumeirah Bay”.
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