Dubai’s real estate market recorded an exceptional performance yesterday, with total transactions exceeding AED 15.37 billion, marking the second-highest daily value in the emirate’s history. This comes shortly after the record set on January 26, when transactions surpassed AED 15.6 billion, highlighting the strong momentum and sustained investor confidence in the market.
According to data from the Dubai REST app, operated by the Dubai Land Department, the total value was generated through 1,128 transactions. Sales alone reached AED 3.65 billion, reflecting continued demand across residential, commercial, and land segments.
A total of 888 sales transactions were recorded, including 691 residential units, 102 buildings, and 95 land plots. Off-plan properties accounted for approximately AED 1.4 billion in sales, while ready properties generated around AED 2.25 billion, indicating balanced demand between new developments and completed projects.
Mortgage activity played a major role in boosting total transaction value, with 214 mortgage deals worth AED 11.57 billion. These included 117 residential units, 36 buildings, and 61 land plots.
Notably, two major mortgage transactions were registered in the Dubai Water Canal area, with a combined value of approximately AED 11.1 billion. The first transaction amounted to AED 10.3 billion for a plot covering 1.1 million square meters, while the second reached AED 751 million for an area of one million square meters.
In addition, gift transactions reached AED 178.29 million through 26 deals, including 22 residential units, one building, and three land plots.
In terms of sales value by area, “Meydan Second” led the market with AED 597.38 million, followed by “Sheikh Mohammed Bin Rashid Gardens” at AED 562.42 million. “Palm Deira” ranked third with AED 247.67 million, followed by “Dubai Investment Park Second” at AED 179.96 million and “Al Yelayiss 1” at AED 177.27 million.
Business Bay ranked sixth with AED 141.21 million in sales, followed by Dubai Maritime City at AED 112.11 million and Al Satwa at AED 83 million.
The strong performance reflects Dubai’s continued attractiveness as a global investment hub, supported by regulatory stability, infrastructure development, and strong demand from both local and international investors. With transaction volumes reaching new records, the market appears well-positioned for sustained growth in the coming period.
