Dubai Real Estate Sector Records $5.5 Billion in Weekly Transactions
12, May 2025
Dubai’s real estate market continues its upward trajectory, with the Dubai Land Department reporting AED 20.1 billion (approximately $5.5 billion) in transactions during the week of May 5–9, 2025. This includes 4,116 sales transactions, highlighting robust investor activity. Notably, a luxury apartment in Jumeirah Residences Asora Bay sold for AED 96.9 million ($26.3 million), underscoring the high demand for premium properties. Mortgage deals amounted to AED 2.87 billion ($781 million), and gift transactions totalled AED 740.9 million ($202 million), reflecting a dynamic and diverse market landscape.
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