Dubai Real Estate Records $5 Billion in Weekly Transactions, Led by $46M Jumeirah Sale

Wednesday, 25 June 2025

Dubai’s property sector registered AED18.51 billion ($5 billion) in transactions last week, including over 4,600 sales and a $46.3 million Jumeirah apartment deal — highlighting the city’s surging high-end market activity.

Key Highlights:

• Massive Weekly Volume:
  • AED18.51 billion ($5 billion) in total real estate transactions (June 16–20).
  • 4,682 sales transactions valued at AED14.79 billion ($4 billion).
• Top Luxury Sales:
  • Peninsula Residences Tower 1 (Jumeirah): Sold for AED170 million ($46.3 million).
  • Jumeirah Residences Asora Bay: Sold for AED73.2 million ($20 million).
  • Bayz 102 by Danube (Business Bay): Sold for AED29.6 million ($8.1 million).
• Mortgage & Gift Transactions:
  • AED3.27 billion ($891 million) in mortgage-backed deals.
  • AED449 million ($122 million) in gift transactions recorded.
• Strategic Context:
  • Aligned with Dubai’s Real Estate Strategy 2033, which targets:
  • 33% homeownership
  • Doubling the sector’s contribution to Dubai’s GDP
  • Expanding housing supply amid growing demand.