The Dubai real estate market saw a total of 19.7 billion dirhams in transactions during the week, based on data from the Dubai Rest application of the Land Department. Sales contributed 14.71 billion dirhams through 4,600 deals, with Wadi Al Safa 7 leading in sales volume at 1.21 billion dirhams. Other top regions included Business Bay, Nad Al Sheba First, First Mall, and Jumeirah Village Circle.
The real estate sector in Dubai achieved 3,642 sales of residential units, with off-plan units being the majority. Residential buildings and villas also saw sales, as well as land sales. Mortgages totaled 3.37 billion dirhams from 964 procedures, with Business Bay leading in mortgage value. Donations reached 1.63 billion dirhams through 196 transactions, with Business Bay also leading in this category.
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