Dubai’s real estate transactions recorded approximately AED 18.77 billion last week through 5,266 deals, including sales worth AED 14.94 billion, according to data from the Dubai Land Department’s “Dubai REST” application.
The sales included 4,278 transactions covering residential units, buildings, and land. Ready properties accounted for AED 7.58 billion in sales, while off-plan properties reached AED 7.35 billion. The week also saw 822 mortgage transactions valued at AED 2.89 billion, in addition to gifts totaling around AED 943.8 million.
Al Yalayis 1 topped the list of areas with the highest sales, followed by Me’aisem Second, Palm Jebel Ali, Business Bay, and Dubai South. Areas such as Nad Al Sheba First, Palm Jumeirah, and Jumeirah Village Circle ranked among the next positions.
On a daily level, the market recorded transactions worth AED 2.84 billion in a single day. The week also witnessed record-breaking deals, most notably the sale of a luxury off-plan apartment in Jumeirah Second for AED 210 million, and the mortgage of a hotel in The World Islands valued at AED 552 million.
