Dubai Real Estate Transactions Surpass AED 9.58 Billion in One Week
Dubai's real estate market recorded over AED 9.58 billion in transactions from 3,841 deals last week, demonstrating continued investor confidence and market momentum.
Dubai's property market experienced a robust week, with total real estate transactions exceeding AED 9.58 billion across 3,841 deals. Sales alone contributed significantly, accounting for AED 6.35 billion of this total.
Sales Breakdown
Sales transactions comprised 2,850 deals:
- 2,515 for residential units
- 153 for buildings
- 182 for land plots
Ready-made property sales reached approximately AED 2.87 billion from 890 deals, including 648 residential units, 60 buildings, and 182 land plots. Off-plan (sales surpassing the map) transactions were higher, registering about AED 3.48 billion across 1,960 deals, with 1,867 residential units and 93 buildings.
Mortgages and Donations
Mortgage transactions totaled AED 2.17 billion over 859 deals. These included 529 residential unit mortgages, 94 building mortgages, and 236 land plot mortgages.
Donations contributed approximately AED 1.06 billion through 132 transactions, distributed among 99 residential units, 10 buildings, and 23 land plots. The consistent activity across sales, mortgages, and donations underscores the dynamic nature of Dubai's real estate sector.
Questions, answered
- What was the total value of real estate transactions in Dubai last week?
- The total value of real estate transactions in Dubai last week exceeded **AED 9.58 billion**.
- How many individual real estate deals were recorded?
- A total of **3,841** individual real estate transactions were recorded in Dubai last week.
- What was the value of sales transactions?
- Sales transactions alone accounted for **AED 6.35 billion** of the total amount.
- How much did off-plan properties contribute to sales?
- Off-plan property sales, referred to as 'sales surpassing the map', registered approximately **AED 3.48 billion** across 1,960 deals.
- What was the total value of mortgage transactions?
- Mortgage transactions amounted to **AED 2.17 billion** from 859 deals.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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