Dubai’s property market continues to shine, recording $5.4 billion (AED19.92bn) in transactions last week, supported by strong sales activity and landmark high-value apartment deals across Jumeirah, Palm Jumeirah, and Business Bay.
Key Highlights:
- Dubai recorded AED19.92bn ($5.4bn) in real estate transactions in a single week.
- Sales activity led the market, contributing AED15.18bn ($4.1bn).
- A total of 4,637 sales transactions were registered between November 10–14.
- Jumeirah witnessed a standout $55.3m apartment sale, one of the week’s top transactions.
- Mortgage activity reached AED3.59bn ($977m), reflecting strong long-term investor confidence.
- Gift transactions totalled AED1.15bn ($313m), showcasing continued market fluidity.
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