The real estate market in Dubai started the week on a strong note, with a notable transaction involving the sale of a luxury property under construction near the Burj Khalifa for AED 73 million. This occurred amid ongoing regional tensions.
The apartment spans approximately 9,537 square feet, translating to AED 7,654 per square foot, and includes five bedrooms and a living area, indicating a sustained interest in high-end properties within the emirate.
Additionally, the market recorded a mortgage transaction for a residential plot in the Jumeirah Village Triangle, valued at AED 117 million.
At the beginning of Monday’s trading, total real estate transactions reached around AED 1.2 billion, stemming from 353 deals, reflecting the ongoing robust activity in Dubai’s property sector.