Dubai Real Estate Sings Beyond Regional Limits

The real estate market in Dubai is demonstrating remarkable resilience, kicking off April with strong momentum that reflects both a solid demand and investor confidence. In just two days, total property transactions reached approximately 9.7 billion AED, resulting from 1,874 deals. This impressive performance occurs amid heightened regional tensions, highlighting the market’s ability to maintain its momentum and attract liquidity, supported by diverse investment opportunities and the appeal of properties in the emirate.

On the second day of April, the market recorded total transactions valued at 5.1 billion AED, following an initial figure of 4.5 billion AED on the first day, indicating the sector’s sustained growth since the beginning of 2026.

On Thursday, the market witnessed the sale of a luxury off-plan apartment for 80 million AED within the “Aman Residences” project, which previously saw the sale of the third most expensive apartment in Dubai’s market history for 422 million AED last month, showcasing the ongoing demand for ultra-luxury properties in the emirate.

Specifically on Thursday, real estate transactions in Dubai were around 5.1 billion AED from 988 deals, consisting of 3.7 billion AED in sales from 790 transactions, 1.2 billion AED in mortgages from 159 deals, and 101 million AED in gifts from 39 transactions.

Properties under construction dominated the sales with a total of 1.9 billion AED across 568 deals, while completed sales reached 1.8 billion AED from 222 transactions.

The market also experienced a number of notable transactions, including the mortgage of a building in the Burj Khalifa area valued at 525 million AED, alongside the sale of a plot in the Al Jaddaf area for 300 million AED, and an off-plan office unit in the “Lomina Alta” project sold for 49.3 million AED.

It’s worth mentioning that the “Lomina Alta” project, developed by Omnia, was announced last October and is set to be the tallest commercial building in the Business Bay area upon its completion in 2030. Today, they successfully sold 25 office units in this building, totaling 596 million AED.

Business

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