The total value of real estate transactions in Dubai reached 15.2 billion AED last week, according to the statistics from the Dubai Land Department. This figure demonstrates the ongoing strong activity and rising momentum in the real estate market.
The data indicates that the market continued its positive performance, with a variety of transactions across different property categories, fueled by active demand and robust sales figures.
These results underscore the sustained appeal of Dubai’s real estate market, reinforcing its position as one of the most dynamic markets in the region.
According to the data, the market maintained its positive trajectory with total transactions exceeding 15.2 billion AED through 4,329 deals.
The real estate activities included residential sales worth 10.98 billion AED, spread over 2,657 transactions for residential units, alongside 213 sales transactions for buildings valued at 205 million AED. In total, there were 3,057 transactions as per the Dubai Rest application data from the Dubai Land Department.
Additionally, mortgage transactions amounted to 3.3 billion AED, comprising 997 deals. These included 656 transactions for residential units valued at 104 million AED, 237 transactions for land of 1.33 billion AED, and 257 transactions for buildings worth 207 million AED, in addition to 42 land transactions.