Dubai real estate market posts AED 11.72bn in weekly transactions as off‑plan sales lead demand
Dubai real estate market posts AED 11.72bn in weekly transactions across 4,000 deals, led by off‑plan sales and rising mortgage activity, data from the Dubai REST app shows.
The Dubai real estate market recorded a robust week with total transaction value reaching AED 11.72 billion across roughly 4,000 deals, reflecting steady investor appetite and market resilience. Activity was broad‑based, spanning ready properties, off‑plan projects, mortgages and transfers, according to data published via the Dubai REST application. The figures underline continued demand from both local and international buyers supporting Dubai’s property sector.
Weekly Transactions Top AED 11.72 Billion
The total value of transactions in Dubai for the week exceeded AED 11.72 billion, executed through about 4,000 separate transactions. Market participants said the volume signals sustained confidence despite regional economic headwinds. Authorities and industry observers pointed to healthy liquidity and a pipeline of both residential and commercial deals.
Market officials noted that the performance was driven by a mix of high‑value sales and a steady flow of smaller residential transfers. The breadth of activity across different asset classes helped underpin the weekly headline figure. Analysts said the numbers are consistent with an orderly market where demand continues to match available supply.
Sales Breakdown: AED 8.75 Billion in Property Sales
Total recorded property sales reached AED 8.75 billion for the week, carried out across 3,068 sale transactions. Of those, 2,670 were sales of residential units, 171 involved whole buildings and 227 were land transactions. The diversity of sale types indicates that buyers are active across segments, from apartment investors to developers acquiring plots.
Real estate brokers pointed out that the larger number of residential unit sales reflects ongoing interest in completed and under‑construction housing stock. Sales of buildings and land, while smaller by count, accounted for a meaningful portion of the total value. The composition shows developers remain engaged in land and bulk purchases alongside retail buyers.
Off‑Plan Sales Maintain Lead Over Ready Properties
Off‑plan sales continued to outpace ready property transactions during the week, with off‑plan deals totaling around AED 5.09 billion across 2,306 transactions. These included 2,180 off‑plan residential unit sales and 126 building sales. By contrast, ready property sales amounted to roughly AED 3.66 billion through 762 transactions, covering 490 residential unit sales, 45 building sales and 227 land transfers.
Industry sources say off‑plan momentum has been supported by attractive payment plans, new project launches and investor confidence in Dubai’s long‑term growth story. Developers offering flexible terms and broader product choice have helped channel foreign and local capital into projects still under construction. This dynamic has kept off‑plan volumes elevated relative to the secondary market.
Mortgage Activity Signals Ongoing Financing Demand
Mortgage registrations remained significant, with 847 mortgage transactions recorded during the week and an aggregate loan value of about AED 2.62 billion. Mortgage transactions covered 529 residential unit loans, 95 for buildings and 223 for land. Lenders have continued to provide financing across segments, supporting both end‑users and investors.
Market analysts noted that the mortgage total reflects a combination of new lending and refinancing activity. Competitive loan pricing in some tiers and targeted mortgage products for expatriates and UAE nationals have sustained borrowing. Banks and non‑bank lenders are expected to monitor credit demand closely as new loan approvals continue to influence market momentum.
Gifts and Transfers Total AED 357.53 Million
Gifts and non‑sale transfers recorded a combined value of approximately AED 357.53 million, executed through 85 transactions. The breakdown included 65 transfers for residential units, nine for buildings and 11 for land parcels. These transfers encompass family‑driven asset reallocation and other non‑commercial conveyances registered in the week.
Legal advisors and title specialists said gifting activity tends to reflect estate planning and intra‑family transfers rather than investment demand. Nevertheless, the existence of significant transfer volumes highlights the varied nature of ownership changes in Dubai’s property registry. The data reinforces that not all registered movements are market sales, with a portion reflecting private arrangements.
Daily Snapshot: AED 1.45 Billion in Transactions Yesterday
On the latest reporting day, Dubai recorded roughly AED 1.45 billion in real estate transactions across 472 deals. Sales accounted for about AED 1.01 billion of that figure, while new mortgage registrations totaled AED 290.37 million. Gifts and transfers on the day reached AED 150.4 million, demonstrating active intraday trading and registration flows.
Observers said the daily figures are consistent with the weekly trend of diversified activity across sales, finance and transfers. The pace of transactions on single days can vary according to the timing of developer releases, auction outcomes and corporate deals. Nevertheless, the steady daily throughput contributes to the cumulative weekly totals reported via the Dubai REST platform.
The Dubai REST application, which aggregates land department records, provided the weekly snapshot that underpins these figures. Market participants said transparent, near‑real‑time reporting helps brokers, investors and policymakers assess momentum. Looking ahead, developers, lenders and investors will watch upcoming project rollouts and policy updates that could influence demand and liquidity in the months to come.
