Real estate transactions in Dubai recorded more than 8.53 billion dirhams from the beginning of this year until yesterday’s transactions (four days), and Dubai real estate sales during the same period amounted to about 6.43 billion dirhams.
A monitoring conducted by Emirates Today, based on data from the Dubai Land Department, showed that real estate transactions amounted to 2.71 billion dirhams yesterday, and included sales worth 2.17 billion dirhams, accounting for 80.32% of the total.
Yesterday, the value of real estate mortgages amounted to 493.90 million dirhams, while the value of real estate donations amounted to 49.98 million dirhams.
The real estate sector in Dubai began the first three days of trading in the new year 2025 with real estate sales exceeding 4.26 billion dirhams, resulting from 642 transactions. Also during that period, real estate transactions in Dubai amounted to about 5.82 billion dirhams, resulting from 997 transactions.
The highest sales in Dubai during the first three days of this year were recorded in the “Palm Jebel Ali” area, with a value of 1.55 billion dirhams, followed by the “Al Wasl” area, with a value of 715.83 million dirhams, then the “International Trade Center” area, with a value of 230 million dirhams. It was followed by Burj Khalifa, with a value of 223.22 million dirhams.
Thus, the real estate sector in Dubai continues to record unprecedented booms amid increasing demand for various types of residential and commercial real estate, which confirms the continued growth of the emirate of Dubai’s attractiveness as a global investment destination, and the importance of the sector as a strong economic pillar that supports development and sustainable growth.
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