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Dubai’s real estate sector achieved AED 24.24 billion ($6.6 billion) in transactions last week, including the $21.8 million sale of a Bulgari Lighthouse apartment, reflecting continued investor confidence and premium market activity.
Key Highlights:
- Total transactions reached AED 24.24 billion ($6.6 billion) from January 19–23
- Sales transactions accounted for AED 18.39 billion ($5.7 billion) across 4,316 deals
- Luxury highlight: Bulgari Lighthouse apartment sold for AED 80 million ($21.8 million)
- Major office sales in Business Bay’s Lumena by Omniyat: AED 53 million ($14.4 million) and AED 52.7 million ($14.3 million)
- Mortgage transactions recorded AED 4.99 billion ($1.4 billion)
- Gift transactions during the period valued at AED 862 million ($235 million)
- Activity underscores Dubai’s strong real estate demand, robust investment appetite, and premium market growth
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