Dubai’s real estate market recorded total transactions worth AED 17.96 billion during the week, distributed across 5,086 deals, according to data from the Dubai Land Department.
Sales accounted for AED 13.86 billion through 3,954 transactions. The areas with the highest sales value were led by Business Bay Second (Al Markaz Al Tijari Al Thani) with AED 1.02 billion, followed by Al Yelayiss 5 with AED 901.3 million, Palm Jumeirah with AED 800.4 million, Muhaisnah First with AED 769.2 million, and Al Yelayiss 1 totaling AED 631 million.
Mortgage transactions reached AED 3.22 billion across 937 deals. The largest mortgages were recorded in Al Marmoom at AED 457.5 million, Business Bay with AED 420 million, and Business Bay Second with AED 246.2 million.
Meanwhile, registered property gifts totaled AED 882 million through 195 transactions. Notable areas included Palm Jumeirah with AED 197.6 million, Al Riqqa Al Buteen with AED 105 million, and Al Nahda Second at AED 60 million.
Regarding last Friday’s activity, daily transactions reached AED 2 billion across 541 deals, including sales worth AED 1.58 billion from 396 transactions, mortgages totaling AED 33.4 million through 112 deals, and gifts valued at AED 86.4 million across 33 transactions.
