Dubai’s real estate market witnessed notable activity on Tuesday, with total property sales reaching approximately $582 million (AED 2.14 billion) across 781 transactions, according to data from the Dubai REST app.
Al Khaleej newspaper reported that Yalayis 5 recorded the highest sales value among areas, reaching about $56.2 million (AED 206.5 million). It was followed by Jumeirah Village Circle with $31.73 million (AED 116.6 million), then Airport City with around $24.3 million (AED 89.3 million), and Jumeirah 1 with $23 million (AED 84.7 million).
As for mortgages, their total value reached approximately $200 million (AED 736.5 million), distributed across 145 transactions. The most prominent was a mortgage registered in Downtown Jebel Ali worth $60.5 million (AED 222.33 million), followed by Dubai Production City at around $21.3 million (AED 78.3 million), and Dubai Industrial City at $19 million (AED 70 million).
Regarding property grants, transactions totaled about $37.83 million (AED 139 million) through 14 deals. Horizon led with $19.6 million (AED 72 million), followed by Palm Jumeirah at $13.1 million (AED 48.12 million), and Jumeirah Park with approximately $980,000 (AED 3.6 million). Overall, total real estate transactions in Dubai for the day reached around $820 million (AED 3.015 billion) across 940 deals, reflecting the continued strong momentum in the emirate’s property market.
