Dubai’s real estate sector continues to see strong transaction activity, with a total of AED13.65 billion ($3.8 billion) recorded between January 27 and January 31, according to Dubai Land Department (DLD) data.
Breakdown of Last Week’s Real Estate Transactions
- Sales transactions accounted for AED9.98 billion ($2.7 billion), with 3,344 properties sold.
- Mortgage deals totaled AED2.61 billion ($710.6 million).
- Gift transactions were valued at AED1.06 billion ($288.6 million).
Top High-Value Dubai Real Estate Deals
Among the most expensive property transactions last week were:
- An office in Burj Khalifa – sold for AED46.5 million ($12.7 million).
- An apartment in Six Senses Residences, The Palm, Palm Jumeirah – sold for AED40 million ($10.9 million).
- An apartment in Il Primo, Burj Khalifa district – sold for AED28.5 million ($7.8 million).
Strong Demand in Dubai’s Real Estate Market
Dubai’s luxury property market continues to attract high-net-worth investors, with transactions in prime locations such as Palm Jumeirah, Downtown Dubai, and Business Bay driving the market.
The real estate sector’s consistent performance reflects strong investor confidence, increasing foreign investment, and continued demand for premium properties. The high number of sales transactions also highlights the appeal of Dubai’s property market as a leading global investment hub.
With ongoing developments and a booming luxury segment, Dubai’s real estate market remains a top choice for investors, reinforcing its status as a key driver of the emirate’s economic growth.
Dubai’s real estate sector is further bolstered by government initiatives, investor-friendly regulations, and a growing expatriate population. The introduction of long-term residency visas and business-friendly policies has attracted more foreign buyers, fueling demand across residential and commercial segments. Additionally, the emirate’s reputation for high rental yields and tax-free property ownership makes it a lucrative destination for global investors. As infrastructure projects and mega-developments continue, experts anticipate sustained growth in Dubai’s property market, with luxury and waterfront properties leading the surge.