Dubai's real estate sector recorded transactions totaling AED 20.1 billion ($5.5 billion) last week, according to data from the Land Department.

Sales transactions made up the majority, reaching AED 16.48 billion ($4.5 billion) from a total of 4,116 sales recorded between May 5 and May 9.

Among the most high-value sales during this period were:

• An apartment in Jumeirah Residences Asora Bay sold for AED 96.9 million ($26.3 million)

• Two additional apartments in the same development each sold for AED 65.2 million ($17.1 million)

In addition, mortgage transactions were valued at AED 2.87 billion ($781 million), while gift transactions amounted to AED 740.9 million ($202 million).