Key Takeaways
- Dubai real estate market recorded more than AED 14.73 billion in transactions during the past week, following 4,084 deals, including AED 8.18 billion in property sales, according to data from Dubai Land Department.
- Weekly property sales included 2,787 residential unit transactions, 194 building transactions, and 179 land transactions, bringing the total number of sales deals to 3,160.
- Ready property sales reached around AED 3.63 billion through 837 transactions, including 606 residential units, 52 buildings, and 179 land plots.
Dubai real estate market recorded more than AED 14.73 billion in transactions during the past week, following 4,084 deals, including AED 8.18 billion in property sales, according to data from Dubai Land Department.
Weekly property sales included 2,787 residential unit transactions, 194 building transactions, and 179 land transactions, bringing the total number of sales deals to 3,160.
Ready property sales reached around AED 3.63 billion through 837 transactions, including 606 residential units, 52 buildings, and 179 land plots. Meanwhile, off-plan property sales totaled approximately AED 4.55 billion through 2,323 transactions, including 2,181 residential units and 142 building sales.
These figures reflect the continued strong performance of Dubai’s real estate sector and ongoing sales momentum, highlighting growing confidence from both local and international investors. The market continues to benefit from a wide range of investment opportunities and new real estate projects across the emirate.
Mortgage activity also remained strong last week, with 730 mortgage transactions worth AED 5.39 billion. These included 402 residential unit mortgages, 96 building mortgages, and 232 land mortgages.
Among the most notable transactions was the mortgage of two commercial land plots in Al Yufrah 1 covering a total area of 24.4 million square feet, with a value exceeding AED 3.03 billion.
Property gifts totaled around AED 1.16 billion through 194 transactions, including 146 residential units, 14 buildings, and 34 land plots.
Palm Jebel Ali ranked as the top-selling area last week by transaction value with AED 582 million in sales, followed by Business Bay with AED 464 million. Wadi Al Safa 3 came third with more than AED 453 million in sales, followed by Palm Deira with around AED 432 million, and Dubai Investment Park 1 with AED 359 million in sales.
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