Dubai Real Estate Records AED 17.4 Billion in Weekly Transactions, Including AED 99.2M Jumeirah Apartment
Wednesday, 28 May 2025
Dubai’s real estate sector saw robust activity last week, with AED 17.4 billion ($4.7 billion) in total transactions. Sales dominated the market, including high-value deals such as a Jumeirah apartment sold for AED 99.2 million. The data reflects continued strong investor confidence in Dubai’s property sector.
Highlights:
- Dubai real estate recorded AED 17.4 billion ($4.7 billion) in transactions from May 19 to May 23
- A total of 4,309 sales transactions were registered during the week
- Sales deals accounted for AED 13.18 billion ($3.6 billion)
- AED 3.39 billion ($923 million) worth of mortgage transactions were recorded
- AED 825 million ($225 million) in property gifts were processed
- Most expensive sale: Apartment in Jumeirah Residences Asora Bay sold for AED 99.2 million ($27 million)
- Other major deals included:
- Office in Enara by Omniyat, Business Bay sold for AED 56.6 million ($15.4 million)
- Another Jumeirah apartment sold for AED 54.5 million ($14.8 million)
