Dubai Sets New Record with Dh11.1 Billion Mortgage Deal on Prime Waterfront Land

Friday, 30 January 2026

Dubai’s real estate market achieved a historic milestone as the emirate recorded its largest-ever mortgage transaction, highlighting strong confidence in premium waterfront development and long-term growth prospects.

Key Highlights:

  • Dubai recorded its largest mortgage deal to date, valued at Dh11.1 billion
  • The transaction involved two contiguous land parcels in the prestigious Dubai Waterfront area
  • The combined land area spans approximately 24.3 million square feet
  • The average mortgage value reached around Dh456.6 per square foot, reflecting premium land appeal
  • The deal underscores strong investor confidence in high-quality, large-scale development plots
  • Waterfront locations continue to attract long-term capital and strategic investment interest
  • Analysts highlight attractive financing options and infrastructure-led growth as key market drivers
  • The milestone reinforces Dubai’s position as a global destination for large-scale real estate investments