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Source: Arabian Business
Published on 01/13/2025

Dubai’s Real Estate Market Sees Strong Start to 2025 with Multi-Million Transactions

Property Market of Dubai Hits AED14.54B in Sales, Dominated by Mortgages

Dubai's real estate market saw AED14.54 billion ($4 billion) in transactions last week, with mortgages accounting for AED11.82 billion ($3.2 billion). A total of 3,432 sales transactions were recorded between January 6 and 10.

Among the notable sales were:

  • An apartment in One Canal, Water Canal area, for AED38.5 million ($10.5 million)

  • An apartment in Casa Canal, Water Canal area, for AED28.7 million ($7.8 million)

  • An apartment in Il Primo, Burj Khalifa area, for AED27 million ($7.3 million)

INNER (2)

In total, sales deals amounted to AED2.12 billion ($577.3 million), with gift transactions valued at AED596 million ($162.3 million).