Dubai Real Estate Records AED 4 Billion in Transactions at Start of Week

Dubai Water Canal

Dubai’s real estate market began the week on a strong note, recording total transactions worth around AED 4 billion across 1,147 deals, reflecting sustained activity and investor confidence in the sector.

According to data from the Dubai Land Department, sales accounted for the largest share, reaching AED 2.4 billion through 904 transactions. Mortgages followed at AED 1.3 billion from 223 deals, while grants contributed AED 90 million across 20 transactions.

Off-plan properties continued to dominate the market, generating AED 1.4 billion from 686 sales. Meanwhile, ready properties accounted for AED 1 billion through 218 transactions, highlighting balanced demand across both new developments and completed units.

The day also featured several standout deals, including a residential land mortgage in Business Bay valued at AED 500 million, as well as an industrial land mortgage in Al Khail Gate worth AED 305 million.

In the luxury segment, Palm Jumeirah saw the sale of an off-plan apartment in the Alba Residences by Omniyat project for AED 64 million. Another notable deal took place along the Dubai Water Canal, where an off-plan apartment in the Mr. C Residences project was sold for AED 30 million.

The strong start to the week underscores Dubai’s continued appeal as a leading real estate investment destination, supported by diverse offerings, strategic developments, and steady demand from both local and international buyers.

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