Dubai’s real estate market kicked off the week with solid activity, recording a notable transaction involving the sale of a luxury off-plan apartment in the Burj Khalifa area for AED 73 million. The property is part of the “Barakat Hotels and Apartments Dubai” project.

The apartment spans approximately 9,537 square feet, with an average price of AED 7,654 per square foot. It features five bedrooms and a spacious living area, reflecting continued demand for high-end residential properties in one of the city’s most prestigious locations.

In addition to the sale, the market also saw a mortgage transaction for a residential land plot in Jumeirah Village Triangle valued at AED 117 million, indicating ongoing activity across different segments of the sector.

Overall, total real estate transactions at the start of Monday reached around AED 1.2 billion, generated through 353 deals, underscoring the market’s steady pace.

These figures highlight the resilience of Dubai’s property sector and its ability to attract investment, supported by diverse developments, strong infrastructure, and sustained demand.