Dubai property transactions hit AED 14.73bn in a week as sales and mortgages surge
Dubai property transactions reached AED 14.73bn last week across 4,084 deals, with AED 8.18bn in sales and AED 5.39bn in mortgages, Dubai REST.
Dubai property transactions totalled AED 14.73 billion last week, according to Dubai REST data, reflecting a busy period for the emirate’s real estate market. The week saw 4,084 recorded deals, including AED 8.18 billion in property sales and AED 5.39 billion in mortgage registrations. The figures point to sustained investor appetite across residential, building, and land segments.
Weekly Dubai transactions top AED 14.73 billion
Recorded transactions reached 4,084 for the week, underscoring continued market momentum in Dubai’s property sector. The total value combined sales, mortgages and other transfer types that together pushed activity to the AED 14.73 billion mark.
Sales formed the largest component of transactional value, while mortgage registrations contributed a sizeable share, reflecting both purchase activity and refinancing or leveraged investment. Market participants say the mix of ready and off‑plan transactions is helping maintain liquidity across the sector.
Sales split between ready properties and off‑plan units
Total sales amounted to AED 8.18 billion through 3,160 sale transactions, with residential unit transfers accounting for the majority of deals. Specifically, there were 2,787 residential sale transactions, 194 building transfers, and 179 land sales recorded during the week.
Ready properties delivered AED 3.63 billion of sales value across 837 deals, where 606 involved residential units, 52 were building transfers and 179 pertained to land. Off‑plan transactions — sales on the map — contributed roughly AED 4.55 billion from 2,323 deals, driven primarily by residential pre‑sales.
Mortgage registrations rise to AED 5.39 billion
Mortgage activity remained elevated with 730 mortgage transactions valued at AED 5.39 billion over the week. Residential mortgages accounted for 402 of those registrations, while 96 related to buildings and 232 were for land finance arrangements.
A standout mortgage involved two land parcels in the Al Yifrah 1 area, pledged for commercial use. Those two plots totalled about 24.4 million square feet and were financed in a deal exceeding AED 3.03 billion, representing one of the largest single land‑backed facilities recorded that week.
Gifts and transfers also register significant sums
Gift transfers (hibas) recorded a total value of about AED 1.16 billion across 194 transactions. Of these, 146 transfers concerned residential units, 14 involved buildings and 34 were for land parcels, indicating ongoing intra‑family and estate planning activity within the market.
The presence of sizeable gift transactions alongside commercial sales and mortgage dealings shows a layered market where personal wealth transfers and investment deals coexist. Analysts note such activity often reflects longer‑term planning by local and regional investors.
Top localities by sales value
Palm Jebel Ali led the list of top‑selling localities with AED 582 million in transactional value for the week. Business Bay followed on AED 464 million, while Wadi Al Safa 3 reported sales surpassing AED 453 million.
Other high‑value neighbourhoods included Palm Deira at roughly AED 432 million and Dubai Investment Park 1 at around AED 359 million. These areas combined significant off‑plan and ready sales, demonstrating the breadth of buyer interest across new developments and established districts.
Market outlook and investor confidence
The weekly data underscore sustained confidence among local and international investors in Dubai real estate, supported by a wide range of projects and investment structures. Market observers point to policy stability, strong demand for both residential and commercial assets, and active financing channels as key drivers.
While transaction volumes remain robust, analysts caution that supply dynamics and global economic conditions will influence pricing and absorption in coming months. Continued monitoring of both mortgage activity and off‑plan commitments will be important to gauge near‑term momentum.
The latest figures from Dubai REST reflect a multifaceted market where sales, mortgage finance and transfers combine to sustain high levels of activity, reinforcing Dubai’s position as a dynamic property hub in the region.
