Dubai real estate recorded AED 19.92B in weekly transactions, driven by luxury sales, strong mortgages, and high investor activity.
Dubai’s real estate market delivered another powerful week, recording AED 19.92 billion in total transactions, according to the latest data from the Dubai Land Department. The surge highlights the continued confidence of investors, end-users, and high-net-worth buyers who are driving both residential and luxury segments.
Strong Sales Momentum
Out of the total volume, AED 15.18 billion came from sales deals alone. A remarkable 4,637 sales transactions were completed between November 10 and 14 – showing that Dubai’s property activity is not only high-value but also consistently high-volume.
The sustained demand underlines Dubai’s appeal as one of the world’s most attractive real estate destinations, supported by strong economic growth, stable governance, and long-term development plans.
Record Luxury Transactions
The standout transaction of the week was a record-breaking AED 203 million apartment sale in Jumeirah Residences Asora Bay, Jumeirah First. This ultra-luxury deal further reinforces Dubai’s position as a leading global hub for prime real estate.
Other notable luxury transactions included:
- AED 60.65 million apartment at The Alba Residences, Palm Jumeirah
- AED 57.3 million apartment at Enara by Omniyat, Business Bay
These deals reflect the growing appetite for branded residences, waterfront properties, and exclusive communities.
Mortgage and Gift Transactions Add More Depth
Mortgage activity was another strong performer with AED 3.59 billion in financing transactions recorded. This indicates robust lending conditions and continued buyer confidence in long-term real estate commitments.
Additionally, AED 1.15 billion worth of properties were transferred as gifts, showcasing real estate’s crucial role in wealth planning and family estate management.
Why This Matters for Investors
- High liquidity: Over 4,600 weekly sales highlight strong market activity.
- Rising luxury demand: Record deals show global investors continue to choose Dubai for long-term wealth growth.
- Balanced growth: A healthy mix of sales, mortgages, and gift transfers support market stability.
- Increased global interest: Dubai remains a top choice for safe-haven investment and prime asset ownership.
The city’s real estate sector continues to evolve with new communities, mega-projects, and improved infrastructure – all of which contribute to sustained growth and investor confidence.
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