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Published on 04/03/2025

Dubai Real Estate Sees AED15.2bn in Weekly Transactions, With Palm Jumeirah Sales Topping AED61.8m

Dubai Real Estate Records 3,531 Sales, AED4.13bn in Mortgages, and Palm Jumeirah’s AED61.8m Top Deal

Dubai’s real estate market recorded AED15.238bn ($4.15bn) in transactions last week, with sales leading the way at AED10.3bn ($2.8bn), according to the Dubai Land Department.

A total of 3,531 sales transactions were recorded between March 24 and March 28. Among the priciest deals, two apartments in The Alba Residences, Palm Jumeirah, sold for AED61.8m ($16.8m) and AED61.6m ($16.8m), while a unit in Como Residences fetched AED52.2m ($14.2m).

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Mortgage transactions totaled AED4.13bn ($1.1bn), while gift transfers amounted to AED807.8m ($220m). Dubai’s luxury property sector continues to drive record-breaking sales, reinforcing its status as a global investment hotspot.