The real estate market in Dubai witnessed significant activity last week, as the Dubai Land Department recorded property transactions totaling over AED 18.2 billion across 5,231 deals. This robust performance reflects the continued strength and appeal of the sector, driven by a diverse range of developments and strong investor confidence—both locally and internationally.
The transactions included 4,133 sales deals amounting to AED 11.9 billion, along with 856 mortgage transactions worth AED 2.4 billion, and 242 gift deals with a total value of AED 3.9 billion.
Sales transactions were spread across 492 land plots, 3,429 residential units, and 212 buildings, illustrating a broad demand across various property types. As for mortgages, they comprised 189 land mortgages, 549 unit mortgages, and 131 building mortgages.
Ready properties continued to attract buyers, with total sales reaching AED 6.7 billion from 1,594 transactions. Meanwhile, off-plan property sales maintained strong momentum, registering AED 5.2 billion from 2,539 deals, signaling continued investor confidence in under-construction projects and future developments.
In terms of transaction value by area, Business Bay led the market with AED 551 million, followed by Dubai Investment Park 2 at AED 529 million, Al Yufrah 1 at AED 454 million, Palm Jumeirah at AED 442 million, and Jumeirah Village Circle at AED 391 million.
Several notable high-value transactions stood out during the week, including the sale of a plot designated for a sports club in the Horizon area for AED 165 million. A luxury off-plan apartment was also sold for AED 146 million in the Bulgari Lighthouse project on Jumeirah Bay Island. Another off-plan unit in Zabeel Second, part of the Akala Hotels & Residences development, sold for AED 125 million, while a residential land plot in Al Mamzar was sold for AED 107 million.
These figures underscore the strong momentum of Dubai’s real estate sector, fueled by diverse offerings and growing investor trust in the city’s long-term prospects.
