Dubai Real Estate Market Hits $4.8 Billion in Weekly Transactions, Led by $8M Palm Jumeirah Sale
Monday, 30 June 2025
Dubai’s property sector recorded AED17.73 billion ($4.8 billion) in transactions from June 23 to 27, with over 4,000 property sales. High-value deals in Palm Jumeirah and Dubai Harbour underscored continued investor confidence in prime real estate.
Key Highlights:
- Total Real Estate Transactions: AED17.73 billion ($4.8 billion) in total property transactions across Dubai.
- Sales Volume:
- AED13.22 billion ($3.6 billion) in sales
- 4,109 sales transactions recorded
- Top Property Sales:
- Palm Jumeirah: AED29 million ($7.9 million) apartment at Balqais Residences
- The Royal Atlantis Resort & Residences: AED11.3 million ($3.1 million) apartment
- Bayview Apartments, Dubai Harbour: AED11 million ($3 million) apartment
- Mortgage Activity: AED3.17 billion ($863 million) in mortgage-backed property deals
- Gifted Property Transfers: AED1.34 billion ($365 million) in gift-based real estate transactions
- Market Insight: Strong performance in luxury coastal properties and premium mixed-use developments reflects robust demand from local and international buyers.
