Dubai Real Estate Transactions Hit AED 7.84 Billion in a Single Day

UAE

Dubai’s real estate market continues to showcase its strength and resilience, with property transactions on January 7, 2026, totaling approximately AED 7.84 billion. According to data from the “Dubai REST” app, operated by the Dubai Land Department, a total of 905 property deals were recorded in a single day, including sales, mortgages, and grants.

Out of the total value, real estate sales alone contributed AED 2.15 billion. These were spread across 712 deals, including:

  • 559 residential unit sales,

  • 105 building sales,

  • 48 land plot sales.

One of the most notable transactions of the day was a massive mortgage deal involving a prime land plot on Palm Jumeirah. The land, measuring approximately 511,350 square feet, was mortgaged for around AED 4.25 billion, making it the largest individual deal of the day. The transaction reflects a price of AED 8,311 per square foot.

Mortgage deals overall accounted for AED 4.77 billion across 159 transactions. These included:

  • 92 residential unit mortgages,

  • 16 building mortgages,

  • 51 land mortgages.

Meanwhile, property grants and gifts totaled AED 925.3 million, covering 34 transactions — 13 for residential units, 7 for buildings, and 14 for land plots.

In terms of sales value by location, the top-performing areas were:

  1. Burj Khalifa – AED 138.62 million

  2. Al Yalayis 1 – AED 126.69 million

  3. Business Bay – AED 123.38 million

  4. Dubai Investment Park 2 – AED 104.76 million

  5. Al Mankhool (Trade Center Second) – AED 101.57 million

  6. Palm Deira – AED 91.86 million

These figures highlight the ongoing demand and investor confidence in Dubai’s dynamic property sector, further solidifying the city’s reputation as a global real estate hotspot.

Leave a Reply

Your email address will not be published. Required fields are marked *