Dubai’s real estate market transactions yesterday recorded sales worth approximately AED 2.31 billion through 747 deals. These transactions were distributed across 630 residential unit sales, 73 building sales, and 44 land plot sales.
According to data from the Dubai REST application, affiliated with the Dubai Land Department, sales of ready properties reached about AED 1.28 billion, while off-plan properties recorded sales of AED 1.02 billion. As for mortgages, 174 transactions were registered with a total value of AED 659.9 million, including 105 deals for residential units, 25 for buildings, and 44 for land plots.
Regarding property gifts, their total value reached AED 37.04 million after the execution of 12 transactions, comprising nine residential unit deals, one building deal, and two land deals. Accordingly, the total value of real estate market transactions in Dubai yesterday amounted to nearly AED 3 billion through the execution of 933 transactions.
In terms of areas, Umm Suqeim 1 topped the list with sales of AED 303.77 million, followed by Dubai Industrial City with AED 167.78 million, then Dubai Investment Park Second with AED 138.03 million. The Burj Khalifa area also recorded sales of AED 94.34 million, followed by Palm Deira with AED 90.19 million, and Majan with AED 83.55 million.
