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Dubai Real Estate Market Achieves AED14.54bn in Weekly Transactions

13 January 2025 PropertyStellar Editorial Team
Dubai Real Estate Market Achieves AED14.54bn in Weekly Transactions

Dubai’s real estate sector saw an impressive AED14.54 billion ($4 billion) worth of transactions last week, according to the Land Department’s data. Mortgages contributed significantly to this figure, accounting for AED11.82 billion ($3.2 billion). A total of 3,432 sales transactions were recorded during the period from January 6 to January 10, 2027, showcasing the ongoing growth and vibrancy of Dubai’s property market.

Key Highlights:

  • Total Transaction Value: AED14.54 billion ($4 billion) recorded in real estate transactions.
  • Mortgage Transactions: AED11.82 billion ($3.2 billion) of the total was attributed to mortgages.
  • Sales Transactions: 3,432 sales transactions were completed during the week.
  • Significant Sale: Included a high-profile transaction of an apartment sold for AED38.6 million ($10.5 million).

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