Dubai’s real estate market continued its exceptional performance last week, recording transactions worth AED 18 billion. This reflects the strong demand for real estate in the emirate and signals the local market’s resilience to global geopolitical and economic developments. It also reinforces Dubai’s appeal as a safe destination for real estate investment.
This surge in sales comes at a time when the world is experiencing slowing growth and rising uncertainty, especially following the Trump administration’s announcement of additional tariffs on Chinese imports, which has intensified pressure on global markets.
Nevertheless, Dubai continues to demonstrate its ability to attract investors, thanks to its advanced infrastructure, diverse real estate offerings, flexible government policies, and growing confidence in the local market.
Specifically, real estate transactions recorded by Dubai Land Department during the week totaled AED 17.9 billion across 5,782 deals. These included over 4,662 sales worth AED 13.5 billion, 886 mortgage transactions worth AED 3.6 billion, and 234 gift transactions worth AED 805 million.
The weekly sales deals were distributed as follows: 627 land sales, 3,796 residential unit sales, and 239 building sales. Mortgage transactions included 242 land mortgages, 561 unit mortgages, and 96 building mortgages.
Sales of ready properties reached AED 7.7 billion across 1,814 transactions, while off-plan property sales totaled AED 5.7 billion across 2,848 transactions.
In terms of highest sales value by area, Me’aisem Second led with AED 1.3 billion, followed by Al Wasl with AED 780 million, Business Bay with AED 705 million, Al Yalayis 1 with AED 661 million, and Palm Jebel Ali with AED 581 million.