Dubai real estate posts AED15.6bn in weekly transactions as sales and mortgages surge
Dubai real estate saw AED15.6bn in transactions last week, led by AED8.73bn of sales and a AED2.4bn land deal in Madinat Al Arab, and mortgages of AED5.71bn.
Dubai’s property market maintained strong momentum last week, registering AED15.6 billion in overall transactions as buyers and investors drove a busy round of deals. The Dubai REST application of the Dubai Land Department reported 3,945 total transactions, underscoring continued demand across residential, off‑plan and land segments. Sales accounted for the largest portion of activity, while a high value mortgage tally and a headline land package kept liquidity and investor interest elevated.
Sales mix and volume
Sales made up AED8.73 billion of last week’s activity, carried out across 2,734 sale transactions recorded in Dubai. Residential units dominated the sales mix, with 2,365 unit transfers contributing the majority of volume and value. The remainder comprised 143 building sales and 226 land sales, reflecting a diversified pattern of investor appetite across asset types.
Ready properties accounted for a significant share of that performance, generating approximately AED5.6 billion through 887 transactions. Off‑plan sales also held firm with roughly AED3.13 billion recorded across 1,847 deals, showing that both immediate delivery and future‑completion opportunities remain attractive to buyers. The balance between ready and off‑plan activity suggests buyers are pursuing both occupancy and investment plays.
Mortgage activity fuels liquidity
Mortgage transactions were a major driver of market liquidity last week, with 1,007 registered mortgages valued at AED5.71 billion. Of those mortgage transactions, 607 were linked to residential units, 90 to buildings and 310 to land, indicating sustained financing demand across property categories. The scale of mortgage activity points to accessible lending conditions and continued confidence from both retail and institutional borrowers.
Lenders’ participation in land and building finance, alongside residential lending, supports a broader financing ecosystem that helps underpin deal flow. Market participants say robust mortgage volumes typically encourage incremental transactions, as buyers gain the financial capability to convert interest into executed contracts. The distribution of mortgage types also highlights developers and investors leveraging credit to secure strategic land and construction finance.
Major land package recorded in Madinat Al Arab
A standout transaction last week was a large combined sale and mortgage package for 23 land plots within the Madinat Al Arab project, valued at a total of AED2.4 billion. That single package ranks among the biggest land deals reported in recent weeks and materially boosted the weekly headline figure. The scale of the transaction reflects continued investor appetite for strategic land positions in master‑planned developments.
Madinat Al Arab led the list of top areas by value, recording over AED1.3 billion in sales for the week. Other high‑value areas included City of the Airport with about AED630 million, Al Furjan at AED387 million, Palm Jumeirah at AED362 million and Jumeirah Village Circle at AED351 million. The geographical spread of top transactions underscores demand across Dubai’s established and emerging residential hubs as well as prime waterfront and master‑planned districts.
Gifts, transfers and market implications
Gifts (hibah) and non‑sale transfers also featured in last week’s activity, with gift transactions valued at approximately AED1.16 billion across 204 cases. Those transactions included 142 residential unit transfers, 17 building transfers and 45 land transfers, reflecting a mix of family‑level restructuring and estate planning moves. Such non‑commercial transfers are a recurring component of Dubai’s transaction fabric and can influence short‑term supply and ownership patterns.
Market observers note that a combination of high sales, sizeable mortgage activity and large single‑deal land packages typically signals both investor confidence and transactional depth. The record for the week illustrates how Dubai continues to attract capital into property, from end‑users seeking homes to investors targeting development sites and income assets.
Investor sentiment and next steps
Industry sources say continued transaction momentum will be tested by macroeconomic conditions and any shifts in global liquidity, but current flows indicate resilient demand locally. Developers, brokers and financiers are watching inventory levels and new launches closely to assess whether supply will keep pace with the uptake. Policy continuity and targeted infrastructure delivery in key precincts are expected to remain central to sustaining buyer interest.
Looking ahead, market participants will monitor whether large land acquisitions like the Madinat Al Arab package spur new development activity or are held for strategic consolidation. Meanwhile, the balance between ready and off‑plan purchases will provide an ongoing gauge of whether buyers favour immediate occupancy or speculative and long‑term development plays.
The week’s figures, as recorded by the Dubai REST app, reaffirm that Dubai’s real estate market remains active and multifaceted, with strong sales, robust mortgage participation and high‑value land transactions shaping near‑term dynamics.