Dubai’s property market continues to showcase its robust momentum, recording a staggering AED 13.2 billion in property sales over just one week, stemming from 4,309 deals. According to figures from “Dubai REST,” the official app of the Dubai Land Department, total real estate activity—including sales, mortgages, and gifts—hit AED 17.4 billion through 5,408 transactions.

Hotspots Leading the Market

The most active area was Al Yalayis 1, with AED 1.1 billion in property sales from 345 deals. Following closely was Dubai Investments Park 1, where 111 transactions brought in around AED 805 million. Jumeirah Village Circle maintained its popularity, taking third place with 530 sales totaling AED 742 million. Al Yufrah 1 and Majan (Mu’aisem 2) also stood out, securing fourth and fifth positions respectively, with AED 618 million and AED 574 million in sales.

Top Projects by Sales Value

Among project-specific deals, The Valley Riviera topped the charts with AED 545 million from 107 transactions. The Oasis Address Villas – Austra followed with AED 510 million from 27 deals. The Acres 2 & Estates 2 came in third with 27 deals totaling AED 371 million. Meanwhile, Jumeirah Asura Bay and Albero also made the top five, contributing AED 255 million and AED 229 million, respectively.

Mortgage Transactions and Gift Transfers

The week also saw a strong volume of mortgage activity, totaling AED 3.4 billion through 908 procedures. Notable mortgage deals included AED 326 million for a single transaction in Tecom Site A, and AED 265 million across 74 procedures in Palm Jumeirah. Jumeirah Village Circle featured again with AED 227 million in mortgages from 59 actions.

Gift transfers accounted for AED 825 million across 191 transactions. The Dubai Sports City led this segment with an AED 82 million gift deal. Other prominent areas included Emirates Hills, Palm Jumeirah, Airport City, and Dubai Harbour.

A Snapshot of Daily Performance

On Friday alone, real estate activity reached AED 2.63 billion from 868 transactions. This included AED 2.26 billion in sales from 741 deals, AED 283 million from 110 mortgage actions, and AED 84 million through 17 gift-related transactions.

Dubai’s real estate market continues to thrive on the back of high investor confidence, strategic developments, and growing international interest. As the city evolves, its property sector shows no signs of slowing down, reinforcing its role as a global real estate hub.