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Reading: Sales record 23.48 billion dirhams. Dubai Real Estate continues its activity with construction contracts and new projects
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BusinessEmiratesReal Estate

Sales record 23.48 billion dirhams. Dubai Real Estate continues its activity with construction contracts and new projects

The value of mortgages amounted to approximately 348.5 million dirhams, with 226 transactions

Sami Zarqa
Last updated: 15/04/2026 2:25 pm
Sami Zarqa
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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Sales record 23.48 billion dirhams. Dubai Real Estate continues its activity with construction contracts and new projects
These numbers represent a strong start for the real estate market in Dubai (Photo/Agencies)
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Highlights
  • ready property
  • Mortgages and gifts

Dubai, UAE – The real estate market in Dubai continued its activity and attractiveness to investors, whether in terms of real estate transactions, announcing new projects, or awarding construction contracts to contracting companies. In conjunction with the increase in demand in the Dubai Real Estate market, real estate development companies, such as Al Dar, Azizi, Damac, and Dubai Real Estate, continue their project work and announce new phases that include residential units. Meanwhile, Bin Ghati Real Estate Development Company announced, on Tuesday, its intention to deliver 15 new projects during the current year, with a total value of 15 billion dirhams.

Real estate transactions in Dubai recorded, on Tuesday, about 1.9 billion dirhams, through the implementation of 764 deals. It included sales of more than 1.52 billion dirhams after executing 538 deals.

ready property

Dubai real estate sales were distributed as follows: 456 sales of residential units, 49 sales of buildings, and 33 sales of land. Sales of “prefabricated properties” amounted to approximately AED 535 million through the implementation of 116 deals, distributed as follows: 74 sales of residential units, nine sales of buildings, and 33 sales of land. While real estate sales “on the map” amounted to about 986.29 million dirhams through 422 deals, divided into 382 sales of residential units and 40 sales of buildings.

Mortgages and gifts

In turn, the value of mortgages amounted to about 348.5 million dirhams, with 226 transactions distributed over 163 transactions for housing units, 17 transactions for buildings, and 46 transactions for land.

In turn, the donations recorded 15 transactions worth 35.97 million dirhams, distributed as follows: 14 transactions for housing units and one transaction for land.

Thus, real estate sales accounted for 79.49% of the total value of registered transactions. While mortgages accounted for about 18.59%, and gifts accounted for about 1.92%.

These numbers represent a strong start for the real estate market in Dubai since the beginning of this April. As of Tuesday, real estate sales recorded about 23.48 billion dirhams, while the total value of transactions amounted to 34.39 billion dirhams.

It is noteworthy that the Dubai Real Estate Market ended the first quarter of this year with record results. Sales jumped 23.85% year-on-year. To reach more than 175.88 billion dirhams, compared to sales of 142 billion dirhams in the same period in 2025.

TAGGED:DubaiDubai propertyVoice Of Emirates
SOURCES:Voice of the Emirates
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