The real estate market in Dubai continued its strong performance despite regional tensions, supported by high demand from both local and international investors. This growth is driven by economic stability and Dubai’s status as a global destination for living and investment.
According to Emarat Al Youm newspaper and data from the Dubai Land Department, total real estate transactions during the third week of Ramadan reached $3.59 billion (AED 13.17 billion).
Sales accounted for $2.78 billion (AED 10.21 billion) over five working days. These were distributed between $1.28 billion (AED 4.69 billion) in ready properties through 1,081 transactions, and $1.50 billion (AED 5.52 billion) in off-plan properties through 1,899 transactions, bringing the total number of sales transactions to 2,980 deals.
Mortgage transactions reached $594 million (AED 2.18 billion) through 747 deals, while grants totaled $215 million (AED 789.17 million) across 104 transactions. Overall, total real estate transactions during the third week of Ramadan reached $3.59 billion through 3,831 transactions.
Since the beginning of Ramadan, total property sales have exceeded $9.67 billion (AED 35.5 billion) through 10,477 transactions, including residential units, buildings, and land plots.
At the district level, Al Yalayis 5 recorded the highest sales with $179.3 million (AED 658.2 million), followed by Al Yalayis 1 with $166.9 million (AED 612.6 million), and Jumeirah 2 with $140.2 million (AED 514.4 million).
Other areas, such as Palm Jumeirah and Al Barari, also recorded strong figures. The top 10 areas collectively achieved around $1.09 billion (AED 4 billion) in sales, reflecting continued demand in Dubai’s new development zones and luxury residential communities.
