Dubai, UAE – Real estate transactions in Dubai exceeded AED 13.14 billion last week.
This comes after the implementation of 4,028 deals, including sales worth AED 10.11 billion.
Solid sector
Despite regional tensions, these figures reflect the strength of Dubai’s real estate sector and its ability to maintain its momentum.
They claim investment confidence that enhances market stability and attractiveness.
Weekly real estate sales were distributed as follows: 2,496 sales of residential units, 275 sales of buildings, 270 sales of land, and a total of 3,041 transactions.
ready property
Sales of ready-made properties amounted to about 4.25 billion dirhams, through the implementation of 738 deals, distributed as follows: 412 transactions for residential units, 56 transactions for buildings, and 270 transactions for land.
While real estate sales on the map continued to exceed it, recording about 5.86 billion dirhams.
Through 2,303 transactions, divided into 2,084 residential unit transactions and 219 land transactions.
mortgages
The mortgage recorded 878 transactions, worth 2.5 billion dirhams, distributed as follows: 636 transactions for residential units, 85 transactions for buildings, and 157 transactions for land.
The value of the donations amounted to approximately 535.49 million dirhams, with 109 transactions distributed over 77 transactions for housing units, four transactions for buildings, and 28 transactions for land.
Standard deals
In terms of daily performance, real estate transactions in Dubai recorded, on Friday, about 1.14 billion dirhams.
After implementing 372 deals, which included sales worth one billion dirhams, mortgages amounted to 138.38 million dirhams, and gifts recorded 8.25 million dirhams.
On Friday, the Dubai real estate market continued to record record deals for luxury real estate sales.
It witnessed the implementation of two record deals to sell two luxury apartments in the “Jumeirah II” area, worth 146.8 million dirhams.
