Dubai’s real estate scene lit up like never before. By day’s end, the Land Department’s Dubai REST app had tallied 998 property deals amounting to a staggering AED 3.6 billion. These numbers speak volumes about Dubai’s enduring allure as a global real estate hotspot.

Sales: A Powerful Upsurge

Private buyers led the charge, with 800 sales totaling AED 2.92 billion. Three areas stood out:

• Investment Park 2 took center stage, with 66 sales bringing in AED 358 million.

• Island 2 recorded a grand AED 300 million from just two major transactions—talk about precision investing!

• Dubai Islands, spread across 83 deals, contributed AED 272 million, cementing its status among sought-after locales.

Mortgages: A Healthy Lending Momentum

Mortgage activity added another AED 576 million across 179 filings:

• Dubai Water Canal topped this list with AED 109 million over 22 filings.

• Dubai Hills, with 9 mortgage deals, reached AED 78 million.

• Surprisingly, Dubai Industrial City had a single blockbuster mortgage of AED 58 million.

Gifts: Luxury in Motion

There were 19 gift transactions valued at AED 72 million—a sign of high-end transfers within families or close circles:

• The Palm Jumeirah saw a single gift deal worth AED 39 million.

• Jumeirah Park followed with AED 10 million in one transaction.

• Even the Burj Khalifa featured, with AED 6 million across two gifts.

Dubai’s real estate boom on June 18 shows how vibrant and investor-friendly the city has become. High-value sales and mortgages signal solid demand, while luxury gifts emphasize the prestige and trust people place in Dubai properties.

In short, Dubai’s real estate isn’t just recovering—it’s surging ahead. And with nearly a thousand transactions in one day, that momentum clearly shows no signs of slowing down.