Dubai’s real estate market continued its impressive performance last week, with total property sales reaching approximately AED 11.24 billion, spread across 3,521 transactions, according to data issued by the Dubai Land Department and reported by Emarat Al Youm.
The transactions included 2,747 residential units, 183 buildings, and 591 plots of land, reflecting strong and diversified demand across various segments of the market—from residential and commercial to undeveloped land.
Billions in Mortgages and Property Grants
The data also showed that the total value of mortgage transactions during the same period amounted to AED 3.21 billion, covering 670 residential units, 96 buildings, and 164 land plots. In parallel, property grants (gifts) recorded a notable value of AED 1.12 billion, comprising 97 residential units, 75 buildings, and 38 plots of land.
This high volume of mortgages and grants indicates a dynamic market environment, with mortgages supporting liquidity and financing, while grants suggest active ownership transfers, often for family or investment purposes.
Daily Transactions Top AED 2.4 Billion
As for daily activity, total real estate transactions yesterday reached AED 2.45 billion, with sales accounting for the largest share at AED 2.06 billion, followed by mortgages at AED 328.82 million, and grants at AED 57.81 million.
Foreign Investment Driving Market Growth
These strong indicators reinforce recent international reports forecasting continued momentum in Dubai’s real estate sector. Growth is being driven by an influx of foreign investors and rising confidence in the local market, positioning Dubai as a secure and attractive investment destination.
The figures confirm that Dubai’s real estate market is experiencing healthy growth in both demand and transaction volume. This enhances investor confidence and reflects the sector’s resilience amid global economic challenges, pointing to sustained strong performance in the coming months.
