The Dubai real estate market continues to show strong performance, recording over AED13.36 billion ($3.6 billion) in transactions last week, according to the Land Department. The majority of these transactions, AED10.01 billion ($2.7 billion), came from property sales.

Sales Transactions Surge

From September 16 to September 20, a total of 4,243 sales were recorded across Dubai. Among the most notable deals was an apartment at Six Senses Residences in Dubai Marina, which sold for AED99 million ($27 million), making it the week's biggest transaction.

Top Transactions of the Week

Other significant sales included:

• An apartment in Baccarat Residence near Burj Khalifa sold for AED34.3 million ($9.3 million).

• An apartment in Como Residences on Palm Jumeirah sold for AED22.6 million ($6.1 million).

Mortgage and Gift Transactions

In addition to sales, mortgage transactions amounted to AED2.68 billion ($730 million) during the same week. Gifted properties were valued at AED670 million ($182 million), showcasing the diversity of property dealings in the city.

Dubai’s real estate sector continues to be a hotspot for high-value transactions, reinforcing its appeal to both investors and luxury home buyers.

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