Dubai, UAE – Real estate transactions in Dubai recorded more than AED 24.24 billion last week.
In a clear indication of the continued momentum in the emirate’s real estate market, and the continued breaking of records recorded over the past year.
This came after the implementation of 5,570 deals, including sales worth 18.39 billion dirhams.
Weekly real estate sales were distributed as follows: 3,378 sales of residential units, 434 sales of buildings, 504 sales of land, and a total of 4,316 transactions.
In terms of daily performance, real estate transactions in Dubai recorded, on Friday, about 3.76 billion dirhams, after implementing 718 deals, which included sales worth 2.81 billion dirhams.
For his part, the General Manager of «Awad Gargash Real Estate Company», Raad Ramadan, confirmed that «the real estate market in Dubai is witnessing remarkable progress in terms of sales».
He pointed out that demand continues to grow at an accelerated pace amid increasing demand and investor confidence.
Ramadan explained that new projects put on the market are sold within short periods of time and at record rates.
He considered that «this performance reflects the strength of the real estate market and its progress in the right direction, especially after Dubai has consolidated its position as a global city by all standards».
He noted that most new projects record record sales.
This was not common in the past, but it became evident during 2025 and 2026, with expectations that this year will witness greater activity.
He explained that the current rise in prices is normal in light of the increase in demand compared to supply.
He pointed out that this increase is in line with global trends, in light of the rising costs of building materials, such as iron and cement
He considered that what the market is witnessing represents a positive and healthy boom.
