The market maintained strong momentum with transactions exceeding AED 3.8 billion. Activity was broad-based, with Dubai Investment Park Second taking the lead as the top-performing locality by value. Ready properties continued to command a higher total value despite off-plan transactions being more numerous, indicating sustained demand for completed units. High-value land and villa sales were significant contributors to the day's total.
LIV Oceanside Dubai Islands | Premium Waterfront Apartments
Source: Building Arabia.
Daily Totals
Exchange Rate: AED 1 = USD 0.27
| Metric | Total (AED) | Total (USD) |
|---|
| Transaction Value | 3,831,052,932 | 1,034,384,292 |
| Number of Deals | 1,102 | |
How Properties Sold
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Sales | 911 | 3,130,959,373 | 845,359,031 |
| Mortgage | 147 | 528,737,266 | 142,759,062 |
| Gifts | 44 | 171,356,294 | 46,266,199 |
| Total | 1,102 | 3,831,052,932 | 1,034,384,292 |
Property Condition
| Status | # of Deals | Value (AED) | Value (USD) |
|---|
| Ready | 489 | 2,317,552,458 | 625,739,164 |
| Off-Plan | 613 | 1,513,500,475 | 408,645,128 |
| Total | 1,102 | 3,831,052,932 | 1,034,384,292 |
Ownership Type
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Free Hold | 1,075 | 3,720,397,479 | 1,004,507,319 |
| Non Free Hold | 27 | 110,655,454 | 29,876,973 |
| Total | 1,102 | 3,831,052,932 | 1,034,384,292 |
Property Usage
| Usage | # of Deals | Value (AED) | Value (USD) |
|---|
| Residential | 1,076 | 2,830,165,682 | 764,144,734 |
| Commercial | 26 | 1,000,887,250 | 270,239,558 |
| Total | 1,102 | 3,831,052,932 | 1,034,384,292 |
Property Type Breakdown
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Land | 107 | 1,489,204,363 | 402,085,178 |
| Commercial Land | 23 | 871,712,870 | 235,362,475 |
| Unit (Flats, Offices, etc.) | 845 | 1,688,919,606 | 456,008,294 |
| Flats | 794 | 1,509,665,193 | 407,609,602 |
| Building (Villas) | 150 | 652,928,963 | 176,290,820 |
| Total | 1,102 | 3,831,052,932 | 1,034,384,292 |
Top 10 Areas by Value
| Area | Value (AED) | Value (USD) | # of Deals |
|---|
| Dubai Investment Park Second | 426,249,528 | 115,087,373 | 118 |
| MOTOR CITY | 310,979,253 | 83,964,398 | 30 |
| PALM JUMEIRAH | 306,805,670 | 82,837,531 | 22 |
| EMIRATE LIVING | 246,000,000 | 66,420,000 | 4 |
| BUSINESS BAY | 200,970,093 | 54,261,925 | 73 |
| JUMEIRAH VILLAGE CIRCLE | 133,355,242 | 36,005,915 | 95 |
| LA MER | 130,065,950 | 35,117,807 | 9 |
| Madinat Al Mataar | 127,010,705 | 34,292,890 | 57 |
| Palm Deira | 104,967,136 | 28,341,127 | 28 |
| DUBAI INDUSTRIAL CITY | 95,800,373 | 25,866,101 | 6 |
Other areas accounted for the remaining 1,769,649,982 AED (477,805,495 USD) across 728 transactions. Notable activity continued in Burj Khalifa, Majan, Dubai Marina, and International City.
Disclaimer:
This report is based on publicly available data and Dubai Land Department (DLD) transaction summaries as of the date mentioned in the title of this post.
Final and detailed figures from the DLD may vary upon official release.
1 US Dollar = 3.672 UAE Dirhams
This report is merely informative, and all investments come with risk. You are responsible for your decisions.