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Source: Pexels.com
Published on 03/24/2025

Dubai Real Estate Records AED17.28B in Transactions Over One Week

Omniyat Sells Palm Jumeirah Apartment for AED73.4M as Dubai Closes 3,886 Deals Worth AED17.28B in a Week

According to the Land Department, Dubai’s real estate market saw AED17.28 billion ($4.7 billion) worth of transactions between March 17 and 21. Sales accounted for AED12.91 billion ($3.5 billion) across 3,886 deals.

High-end sales included:

  • AED73.4M ($20M) apartment at AVA at Palm Jumeirah by Omniyat

  • AED50.86M ($13.8M) and AED49.48M ($13.5M) apartments at The Alba Residences by Omniyat

INNER - 2025-03-24T130235.538

Additionally, mortgage deals totaled AED3.52 billion ($958.4 million), while gift transactions reached AED850.6 million ($231.7 million).