Dubai, UAE – Dubai’s real estate market continued to ignore tensions in the Middle East.
Watch a short ad to continue reading this article.
Rewarded ad is not available right now. Please try again shortly.
It maintained its strong momentum supported by high demand and growing investor confidence.
The emirate has consolidated its position as one of the world’s most prominent destinations for living and investing.
The total value of real estate transactions in the emirate during the fourth week of Ramadan was recorded at approximately 16.11 billion dirhams.
While real estate sales, from last Wednesday until Tuesday (five working days), exceeded 12 billion dirhams.
Reflecting continued momentum in the real estate sector.
3544 transactions in real estate
Real estate sales were distributed at a rate of 6.94 billion dirhams for ready-made properties through the implementation of 1,231 transactions.
While real estate sales on the map amounted to about 5.06 billion dirhams through the implementation of 2,313 transactions.
The data showed that the total number of real estate sales transactions reached 3,544 transactions, distributed as follows: 2,804 transactions for residential units, 355 for buildings, and 385 for land.
In turn, the value of real estate mortgages during the fourth week of Ramadan amounted to about 3.66 billion dirhams, through 1,147 transactions distributed as follows: 817 transactions for residential units, 114 transactions for buildings, and 216 transactions for land.
As for donations, they recorded 457.05 million dirhams through the implementation of 82 transactions, distributed as follows: 51 transactions for housing units, six transactions for buildings, and 25 transactions for land.
Thus, the total value of real estate transactions in the emirate during the fourth week of Ramadan recorded about 16.11 billion dirhams, through the implementation of about 4,773 transactions.
Since the beginning of Ramadan, Dubai real estate sales have exceeded AED 47.72 billion as of yesterday, through the implementation of 14,167 transactions, distributed as follows: 11,414 transactions for residential units, 1,231 transactions for buildings, and 1,522 transactions for land.
mortgages
The value of real estate mortgages since the beginning of Ramadan has reached about 14.34 billion dirhams, through 3,727 transactions. As for donations, they recorded 3.91 billion dirhams through the implementation of 635 transactions, bringing the total real estate transactions from the beginning of the month of Ramadan until Tuesday to about 65.97 billion dirhams through the implementation of 18,529 transactions.
“National Real Estate” unveils a commercial tower worth 500 million dirhams
“national Real Estate”, the real estate arm of National Sukuk Company, the savings and investment company in the UAE, announced the launch of a new first-class commercial tower project in the «Barsha Heights» area in Dubai, with a development value of 500 million dirhams.
A statement said that the project consists of 26 floors, including 22 floors designated for offices, and provides about 225,000 square feet of leasable office space, to meet the demand for high-quality work environments in Dubai.
Construction work on the tower, which will be located in a strategic location in Barsha Heights with a direct connection to Sheikh Zayed Road, is expected to begin at the beginning of the second quarter of 2026.
It will be completed during the last quarter of 2028.
