Dubai’s real estate market maintained its strong momentum this week, with the Dubai Land Department (DLD) recording real estate transactions worth AED 15.8 billion across 4,912 deals, reaffirming the emirate’s position as one of the most attractive property investment destinations regionally and globally.
During the week, the market registered 2,884 sales transactions valued at AED 10.7 billion, alongside 792 mortgage deals worth AED 2.7 billion, and 236 gift transactions totaling AED 2.4 billion.
Breakdown of Sales Transactions
Real estate sales were distributed across different asset classes as follows:
- 411 land sales
- 3,271 unit sales
- 202 building sales
Meanwhile, mortgage transactions included:
- 237 land mortgages
- 472 unit mortgages
- 130 building mortgages
Ready vs. Off-Plan Properties
- Ready properties: 1,405 transactions worth AED 5.3 billion
- Off-plan properties: 2,479 transactions worth AED 5.3 billion
Top Performing Areas
Business Bay topped the list of areas by sales value, recording AED 499 million, followed by:
- Burj Khalifa: AED 442 million
- Palm Jumeirah: AED 387 million
- Jumeirah Second: AED 370 million
- Jumeirah Village Circle: AED 363 million
Major High-Value Deals
- An office in Emaar Square – Burj Khalifa sold for AED 95 million (USD 25.9 million)
- An apartment in Aman Residences Dubai, Jumeirah Second sold for AED 83.5 million (USD 22.7 million)
- An office in Burj Khalifa Towers sold for AED 45 million (USD 12.2 million)
- A plot in Mankhool sold for AED 177 million
- An off-plan villa in Palm Jumeirah within the (Ayumi) project sold for AED 115 million
- A plot allocated for a sports club in Horizon sold for AED 100 million
Market Insights
These figures highlight the dynamic diversity of Dubai’s real estate market, ranging from luxury residential units to prime office spaces and high-value land plots. The balance between ready and off-plan transactions reflects investor confidence in both immediate and long-term opportunities.
