Is Dubai’s Property Market Gaining Momentum? A Look at $7.1bn in Weekly Deals
Tracking Dubai’s market week by week gives a clear picture of buyer confidence. Here’s what last week’s numbers reveal about current activity across the city.
A Strong Week for Dubai’s Property Market
Dubai’s real estate sector recorded AED26bn ($7.1bn) in transactions in a single week, based on data released by the Dubai Land Department. Between December 8 and 12, a total of 4,467 sales transactions were registered, highlighting continued movement across both residential and investment-driven segments.
This level of activity reflects steady participation from buyers at different price points, from mid-market apartments to ultra-high-value homes.
Sales Transactions Drive Market Activity
Sales accounted for the majority of weekly transactions, reaching AED18.72bn ($5.1bn). The volume points to consistent interest in Dubai property, particularly in well-established and emerging districts that continue to attract domestic and international buyers.
While high-profile sales draw attention, they sit alongside thousands of other transactions that shape the broader market landscape.
Record-Breaking Apartment Deals Make Headlines
Several standout transactions highlighted the premium end of the market last week, particularly in Business Bay, which continues to record strong demand for branded and design-led residences.
Notable high-value sales included:
- AED550m ($150m) apartment at Bugatti Residences by Binghatti, Business Bay
- AED61.1m ($16.6m) apartment at Enara by Omniyat, Business Bay
- AED52.1m ($14.2m) apartment at Solaya 3, Jumeirah First
These transactions reflect the ongoing appeal of limited, design-focused developments in central locations.
What These Premium Sales Indicate About Buyer Trends
Ultra-high-value transactions often reflect more than individual purchases. They point to sustained demand for branded residences, iconic architecture and well-located developments. Business Bay, in particular, continues to position itself as a hub for luxury apartment living, supported by proximity to Downtown Dubai and DIFC.
At the same time, these headline deals sit within a broader market where mid-range properties continue to form the backbone of transaction volume.
Mortgage & Gift Transactions Add Depth to Market Activity
Beyond sales, the Land Department recorded AED6.77bn ($1.8bn) in mortgage transactions during the same week. This shows ongoing financing activity, suggesting confidence among buyers committing to longer-term ownership.
Gift transactions also played a role, with transfers valued at AED465m ($127m). These transactions often reflect family transfers or internal portfolio structuring rather than open-market sales.
Weekly Data Highlights Market Balance
Weekly transaction figures provide a useful snapshot of Dubai’s real estate dynamics. The combination of strong sales, active mortgage registrations and notable gift transfers highlights a balanced market supported by varied buyer motivations.
Rather than relying on a single segment, Dubai’s property market continues to draw strength from a mix of luxury, mid-market and investment-driven activity.
What This Means for Buyers & Investors
Consistent weekly performance suggests Dubai’s real estate market remains active heading into the new year. High-value sales bring global attention, while overall transaction volume reflects a stable foundation supported by population growth, investor interest and ongoing development.
For buyers and investors, this data reinforces the importance of looking beyond headlines and understanding how different segments move together.
Exploring Dubai Property Opportunities?
Property Shop Investment (PSI) tracks real-time market data and emerging trends across Dubai’s residential and investment communities. Whether you’re reviewing recent sales or exploring upcoming developments, our team is here to help you navigate the market with clarity.
