Dubai’s real estate market recorded transactions totaling AED 22.2 billion in one week, across 6,266 actions, according to data from the Dubai Land Department.
Breaking it down, sales alone amounted to AED 15.5 billion, resulting from 4,490 transactions. The highest volume was in Al Mueisim 2, with AED 2.9 billion from 170 deals, followed by Al Yalayis 2 with around AED 709 million from 212 deals, and Jumeirah Village Circle in third place with AED 577 million from 375 deals.
Mortgages totaled AED 5.1 billion across 1,475 actions. Business Bay ranked first with AED 697 million from 55 actions, followed by Trade Center First with AED 496 million from 169 actions, and Sobha Hartland came third with about AED 305 million from 12 actions.
Gifts (grants) reached AED 1.57 billion from 301 transactions. Palm Jumeirah led with AED 298 million from 16 transactions, followed by Jumeirah Lakes Towers with approximately AED 227 million from 7 transactions, and Burj Khalifa with AED 220 million from 18 transactions.
On a daily basis, Friday alone saw AED 3 billion in real estate activity across 745 transactions, including AED 2.3 billion in sales (619 deals), around AED 418 million in mortgages (114 actions), and AED 316 million in grants (12 transactions).
