Dubai real estate market posts AED 6.11bn in weekly transactions, driven by AED 3.94bn in sales
Dubai real estate market posts AED 6.11bn in weekly transactions with AED 3.94bn in sales; April momentum lifts Q1 sales to AED 175.88bn, data from Dubai REST.
Dubai’s real estate market opened the week with robust activity, recording roughly AED 6.11 billion in total transactions across 1,360 deals. The Dubai REST app, affiliated with the Dubai Land Department, reported that sales accounted for more than AED 3.94 billion of the total value through 877 recorded sales. The performance underscores continued investor confidence and sustained momentum in the property sector despite regional uncertainties.
Weekly trading totals and immediate drivers
The AED 6.11 billion figure was achieved through a mix of sales, mortgage registrations and gift transfers, reflecting diverse buyer and seller activity across the emirate. Sales made up the bulk of the value, while mortgage transactions and gifts also contributed strongly to overall turnover. Market participants pointed to ongoing demand for residential stock and new off‑plan launches as immediate drivers of the week’s volume.
Ready homes versus off‑plan activity
Breakdown by property stage shows a split between ready properties and off‑plan sales, with ready property transactions totalling about AED 1.74 billion across 230 deals. Those ready‑property sales included 175 residential unit transactions, 12 building sales and 43 land deals. Off‑plan activity remained the largest single contributor to sales value, reaching approximately AED 2.2 billion in 647 transactions, including 538 residential unit sales and 109 building purchases.
Mortgage registrations and gift transfers
Mortgage activity remained a meaningful component of market liquidity, with 427 mortgage transactions valued at AED 820.43 million during the reporting period. Those mortgage registrations covered 356 residential units, 23 buildings and 48 plots. Gift transfers, commonly used in family and estate planning, accounted for around AED 1.35 billion across 56 transactions, distributed among 40 residential transfers, three buildings and 13 land transfers.
Sales composition and value shares
Sales represented roughly 64.45% of the day’s total registered value, while mortgages accounted for about 13.45% and gifts comprised roughly 22.1%. In unit counts, the market logged 713 residential unit sales, alongside 121 transactions involving buildings and 43 land sales. The composition highlights a market still led by residential demand but supported by institutional and financing activity.
April momentum and quarterly performance
The week’s figures build on a strong start to April, with cumulative property sales since the beginning of the month exceeding AED 43.09 billion and total registered transactions surpassing AED 61.95 billion. The sector also entered the year with record quarterly throughput; Dubai’s real estate sales for the first quarter rose to AED 175.88 billion, up 23.85% from AED 142 billion in the same quarter last year. Those gains have been cited by analysts as evidence of resilient investor appetite and effective market depth.
Investor confidence and market implications
Market observers say the data reflect sustained investor confidence driven by transparent transaction platforms, competitive financing options and continued interest in Dubai as an international property hub. Developers and brokers are watching inventory and pricing dynamics closely as off‑plan sales remain central to liquidity. Policymakers and industry stakeholders will likely monitor mortgage uptake and the balance between secondary market and new‑launch activity to assess near‑term supply needs.
The week’s results from the Dubai REST app underline a property market that is active across segments and transaction types, maintaining momentum into April and building on a strong first quarter. Continued monitoring of mortgage patterns, off‑plan launches and land sales will be key to understanding how the emirate’s real estate market sustains growth through the rest of the year.
