Dubai’s real estate sector recorded AED17.99 billion ($4.9 billion) in transactions last week, with AED13.52 billion ($3.7 billion) from 4,662 sales transactions. One of the priciest deals was a Palm Jumeirah apartment sold for AED61.3 million ($16.7 million). Other high-value sales included apartments at Address Grand Downtown and The Alba Residences. Mortgage transactions totaled AED3.66 billion ($996.5 million), while gift transactions reached AED805.4 million ($219.3 million).