Real estate transactions recorded at the Dubai Land Department last week reached AED 13.2 billion from 4,503 deals. These included more than 3,601 sales worth AED 9.7 billion, 688 mortgage transactions worth AED 2.6 billion, and 214 gift transactions worth AED 986 million.
The weekly sales were distributed across 296 land sales, 3,181 sales of residential units, and 124 building sales. Mortgages were divided into 176 for lands, 440 for residential units, and 123 for buildings.
Dubai’s ready property sales amounted to AED 5 billion from 1,114 transactions, while off-plan property sales reached AED 4.6 billion from 2,486 transactions.
Top Performing Areas
Business Bay ranked first in sales value with AED 1 billion, followed by Jumeirah Village Circle with AED 575 million, Mohammed bin Rashid Gardens with AED 559 million, Palm Jumeirah with AED 387 million, and Dubai Science Park with AED 277 million. The market also witnessed the sale of a land plot in Business Bay valued at AED 460 million.
Another land designated for a hospital was sold in Al Wahidah area for AED 125 million, in addition to the sale of an off-plan residential apartment at Palm Jumeirah within the project The Alba Residences by Omniyat, valued at AED 70 million.
These figures highlight the continued strength of Dubai’s real estate sector, with both ready and off-plan markets attracting strong investor confidence. High-value transactions in prime areas such as Business Bay, Palm Jumeirah, and Mohammed bin Rashid Gardens reaffirm Dubai’s position as one of the world’s leading real estate investment destinations.
