Real estate and properties transactions valued at AED9.4 billion ($2.56 billion) in total were conducted during the week ending September 9, figures by the Dubai Land Department revealed.

The sum of transactions was 2,594, said a wam news agency report.

A total of 209 plots and 871 apartments and villas were sold for AED946.55 million and AED 3.92 billion, respectively.

The top three transactions were a land in Island 2 sold for AED46.5 million, followed by a land that was sold for AED26 million in Al Barshaa South Third, and a land sold for AED46.5 million in Island 2 in third place.

Al Hebiah Fifth recorded the most transactions for this week by 78 sales transactions worth AED195.97 million, followed by Nad Al Shiba First with 25 sales transactions worth AED146.24 million, and Jabal Ali First with 24 sales transactions worth AED89 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED664 million in Al Wasl, an apartment was second in the list sold for AED460 million in Marsa Dubai, and thirdly it was an apartment sold for AED 419 million in Business Bay.

The sum of the amount of mortgaged properties for the week was AED3.42 billion, with the highest being a land in Nadd Hessa, mortgaged for AED2 billion.

A total 100 properties were granted between first-degree relatives worth AED1 billion.