Dubai Real Estate Market Achieves AED14.54bn in Weekly Transactions
Monday, 13 January 2025
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).