The Dubai real estate market continues its unprecedented surge, setting a new all-time weekly record. According to official data from the Dubai Land Department, total real estate transactions for the week surpassed AED 22.7 billion, generated from 5,319 deals. This is the highest weekly transaction value ever recorded in Dubai’s history and comes at a time when global markets are facing significant turmoil and heightened trade tensions between the US and China. The latest numbers also exceed the previous peak of AED 22 billion reached in December last year.
For the third consecutive week, the market has demonstrated remarkable strength, with each of the last two weeks also recording transaction values above AED 18 billion. This sustained performance highlights robust demand for Dubai property among both local and international investors, confirming the market’s resilience in the face of global geopolitical and economic challenges. It further underscores Dubai’s growing reputation as a safe and attractive destination for real estate investment.
Breakdown of Weekly Transactions
Sales activity was distributed as follows:
- 770 land sales
- 3,201 residential unit sales
- 236 building sales
Mortgage transactions comprised:
- 239 land mortgages
- 765 residential unit mortgages
- 113 building mortgages
Top Performing Areas
Sales reached a total value of AED 19 billion, resulting from 4,207 transactions. The highest sales were recorded in the Palm Jebel Ali area, totaling AED 2.5 billion across 113 transactions. Al Muaiseem Second came second with about AED 2.3 billion from 130 transactions, followed by the Dubai Multi Commodities Centre (DMCC) in third place with AED 1.45 billion from a single transaction.
Mortgages amounted to AED 2.74 billion through 1,117 actions. Al Sufouh Gardens ranked first with AED 232 million from two actions, followed by Tecom Site A in second place with AED 222 million from a single action, and Jumeirah Village Circle in third with about AED 139 million from 202 actions.
As for grants, they reached AED 1 billion across 242 transactions. Jumeirah Bay led with AED 130 million from a single transaction, followed by Palm Jebel Ali with approximately AED 81 million from three transactions, and Al Qusais Industrial Third with AED 80 million from two transactions.
On a daily basis, Monday was the best-performing day, with real estate transactions reaching approximately AED 5.57 billion from 1,004 actions, and about AED 607.82 million in mortgages (228 actions).
