Market Overview: Dubai's real estate market demonstrated robust activity yesterday with total transaction value reaching AED 3.92 billion across 1,201 transactions. The market showed strong performance across both ready and off-plan properties, with ready properties commanding higher total values while off-plan transactions showed significant volume.
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Source: Building Arabia.
Transaction Summary by Type
| Transaction Type | Count | Total Value (AED) |
|---|---|---|
| Sales | 869 | 3,051,823,300 |
| Mortgage | 282 | 726,542,685 |
| Gifts | 50 | 146,147,419 |
| Grand Total | 1,201 | 3,924,513,404 |
Sales Breakdown by Usage
| Usage Type | Count | Total Value (AED) |
|---|---|---|
| Residential Sales | 850 | 2,555,075,628 |
| Commercial Sales | 19 | 496,747,672 |
| Residential Mortgage | 273 | 423,796,685 |
| Commercial Mortgage | 9 | 302,746,000 |
| Residential Gifts | 48 | 110,668,704 |
| Commercial Gifts | 2 | 35,478,715 |
Ready vs Off-Plan Performance
| Property Status | Count | Total Value (AED) |
|---|---|---|
| Ready Properties | 600 | 2,744,709,405 |
| Off-Plan Properties | 601 | 1,179,803,999 |
Property Type Distribution
| Property Type | Count | Total Value (AED) |
|---|---|---|
| Land | 103 | 1,857,077,796 |
| Flats | 964 | 1,711,784,715 |
| Building/Villa | 80 | 247,335,621 |
| Commercial | 28 | 816,362,387 |
| Residential | 44 | 301,786,657 |
| Hotel Apartment | 11 | 28,711,864 |
| Office | 26 | 51,329,791 |
| Shop | 8 | 19,247,405 |
| Other Categories | 137 | See detailed breakdown |
Top 10 Localities by Transaction Value
| Rank | Locality | Count | Total Value (AED) | |
|---|---|---|---|---|
| 1 | Um Suqaim First | 4 | 564,242,680 | |
| 2 | Palm Jabal Ali | 8 | 270,876,000 | |
| 3 | SAMA AL JADAF | 2 | 194,781,672 | |
| 4 | PALM JUMEIRAH | 12 | 190,140,011 | |
| 5 | Palm Deira | 32 | 169,700,813 | ** |
| 6 | BURJ KHALIFA | 28 | 155,180,913 | |
| 7 | Madinat Al Mataar | 45 | 106,089,706 | |
| 8 | Hadaeq Sheikh Mohammed Bin Rashid | 17 | 103,865,334 | |
| 9 | JUMEIRAH VILLAGE CIRCLE | 79 | 90,376,532 | |
| 10 | Al Nahda Second | 2 | 88,500,000 |
Note: The top 5 localities alone accounted for approximately AED 1.39 billion in transaction value, representing over 35% of the day's total market activity.
Market Insights:
Premium Locations Dominance: The top 5 areas (Um Suqaim First, Palm Jabal Ali, SAMA AL JADAF, Palm Jumeirah, and Palm Deira) show concentrated high-value transactions, indicating continued investor confidence in premium developments.
Balanced Market: Nearly equal split between ready (600) and off-plan (601) transactions, though ready properties commanded significantly higher total value (AED 2.74B vs AED 1.18B).
Land Investments Strong: Land transactions, while fewer in count (103), represented the highest value segment at AED 1.86 billion, highlighting strategic land banking activities.
Residential Focus: Residential properties dominated both sales (850 transactions) and overall market activity, confirming Dubai's strength as a residential investment destination.
The market continues to show healthy diversification across property types and locations, with premium areas maintaining their value proposition while emerging communities contribute to transaction volume.
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Disclaimer
This report is based on publicly available data and Dubai Land Department (DLD) transaction summaries as of the date mentioned in the title of this post.
Final and detailed figures from the DLD may vary upon official release.
Note that transaction values are often for the total amount of the sale, not just the down payment, but off-plan sales involve future payments.
1 US Dollar = 3.672 UAE Dirhams
This report is merely informative, and all investments come with risk. You are responsible for your decisions.*