Dubai’s real estate market recorded another strong week, with total real estate transactions reaching AED 16.49 billion across 6,077 deals, according to data from the Dubai REST application, issued by the Dubai Land Department (DLD).
Breakdown of Sales
Out of the total transactions, sales accounted for AED 12.53 billion, distributed as follows:
- 4,322 sales of residential units
- 277 sales of buildings
- 385 sales of land plots
This brings the total number of sales transactions to 4,984 deals.
Mortgages and Gifts
- Mortgages contributed 899 transactions worth AED 2.62 billion, covering units, buildings, and land plots.
- Gift transactions reached AED 1.34 billion across 194 deals, including 142 for residential units, 11 for buildings, and 41 for land.
Top Areas by Value
Leading the weekly sales was Business Bay, with a total of AED 888.19 million, followed by:
- Dubai Airport City: AED 659.74 million
- Dubai Investment Park 2: AED 606.95 million
- Jumeirah Village Circle: AED 592.04 million
- Palm Jumeirah: AED 573.34 million
Daily Performance
On a daily basis, Dubai recorded AED 2.75 billion in real estate transactions yesterday alone, through 900 deals, including AED 1.83 billion in sales.
The top-performing areas by daily sales were:
- Barsha Heights: AED 183.09 million
- Palm Jumeirah: AED 177.65 million
- Dubai Maritime City: AED 123.77 million
- Business Bay: AED 120.61 million
- Jumeirah Village Circle: AED 84.72 million
Market Insights
These figures highlight Dubai’s continued appeal as a global real estate investment hub. The mix of residential units, buildings, and land sales reflects diverse investor interest, with Business Bay, Palm Jumeirah, and Jumeirah Village Circle emerging as hotspots.
The strong value of mortgages and gift transactions further underlines long-term confidence in Dubai’s property sector, suggesting investors are not only buying but also leveraging and restructuring assets strategically.
