Dubai Real Estate in Focus: $4.6B Weekly Deals Set the Pace
Dubai’s property market delivered another standout performance last week, driving AED 16.86 billion, or $4.6 billion, in total real estate transactions. It’s a striking snapshot of market vitality, especially when high-value assets like offices in the Burj Khalifa and luxury apartments in Jumeirah are trading.
A Scorcher of a Week
According to data from Dubai’s Land Department, real estate activity between September 1–5 included 4,146 sales transactions, with a dominant share of AED 11.32 billion ($3.1 billion) directly tied to property sales.
Among the marquee deals:
An office in Emaar Square, located within the iconic Burj Khalifa, exchanged hands for AED 95 million (~$25.9 million).
A second standout was a high-end apartment at Aman Residences in Jumeirah Sold for AED 83.5 million (~$22.7 million).
Another office sale inside the Burj Khalifa Towers itself was logged at AED 45 million (~$12.2 million).
Mortgage activity also surged, with AED 2.84 billion ($773 million) in new mortgage-backed funding, and AED 2.7 billion (~$735 million) tied to gift transactions.
Overall, the AED 16.86 billion weekly figure captures the sum of property sales, mortgages, and gift transfers, with sales alone accounting for nearly two-thirds.
Why It Matters
Dubai is often criticized for posing speculative bubbles. But these numbers tell a different story. This level of liquidity and transaction diversity signals institutional strength, buyer confidence, and investor willingness to write big checks on high-end assets.
For investors, this isn’t just a headline, it’s a signal. High-value office and apartment sales prove that demand for trophy real estate remains strong. Combined with a healthy volume of mortgage and gift activity, it shows the market has both depth and breadth.
Takeaway
Last week’s $4.6 billion in real estate movement is more than a figure, it’s a testament to Dubai’s enduring strength among investors. Trophy assets continue to exchange convincingly, and the capital flows behind them confirm that Dubai remains one of the most liquid and trusted real estate markets on the globe.
Source:
Arabian Business report on Dubai Land Department data for the week ending September 5.https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-sector-recorded-4-6bn-of-transactions-last-week-including-26m-burj-khalifa-office
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