Dubai’s real estate market continues to show exceptional momentum, recording AED20.57 billion ($5.6 billion USD) worth of property transactions last week, according to data released by the Dubai Land Department (DLD).
Sales dominated the activity, totaling AED16.76 billion ($4.6 billion USD) across 4,461 transactions between October 27 and 31.
High-value transactions
Among the top recorded sales were:
- AED86.6 million ($23.6 million USD) apartment at Volante 2, Business Bay — the week’s most expensive residential deal.
- AED52 million ($14.2 million USD) apartment in Passo by Beyond – Tower A, Palm Jumeirah.
- AED49 million ($13.3 million USD) apartment in One Canal, Dubai Water Canal.
Mortgages and gifts
The DLD also registered AED3.07 billion ($836 million USD) in mortgage transactions during the week, alongside AED740 million ($201 million USD) worth of gifted properties.
The figures underline the continued strength of Dubai’s property market, buoyed by sustained investor confidence, population growth, and demand across both luxury and off-plan segments.
