The market closed the week with a strong surge, recording over AED 4.3 billion in sales—the highest single-day total in this recent period. High-value gifts and land transactions, particularly in Dubai Investment Park Second and Um Suqaim First, significantly boosted the total. Ready properties continued to outperform off-plan in total value, while villa sales saw a notable increase, contributing nearly AED 831 million to the day's figure.
Samana Imperial Garden Arjan | Luxury Freehold Apartments
Source: Building Arabia.
Daily Totals
Exchange Rate: AED 1 = USD 0.27
| Metric | Total (AED) | Total (USD) |
|---|
| Transaction Value | 4,307,230,696 | 1,162,952,288 |
| Number of Deals | 1,098 | |
How Properties Sold
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Sales | 870 | 3,260,716,005 | 880,393,321 |
| Mortgage | 182 | 561,422,217 | 151,583,999 |
| Gifts | 46 | 485,092,474 | 130,974,968 |
| Total | 1,098 | 4,307,230,696 | 1,162,952,288 |
Property Condition
| Status | # of Deals | Value (AED) | Value (USD) |
|---|
| Ready | 469 | 2,448,363,461 | 661,058,134 |
| Off-Plan | 629 | 1,858,867,235 | 501,894,154 |
| Total | 1,098 | 4,307,230,696 | 1,162,952,288 |
Ownership Type
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Free Hold | 1,051 | 3,856,734,248 | 1,041,318,247 |
| Non Free Hold | 47 | 450,496,447 | 121,634,041 |
| Total | 1,098 | 4,307,230,696 | 1,162,952,288 |
Property Usage
| Usage | # of Deals | Value (AED) | Value (USD) |
|---|
| Residential | 1,076 | 3,788,040,299 | 1,022,770,881 |
| Commercial | 22 | 519,190,397 | 140,181,407 |
| Total | 1,098 | 4,307,230,696 | 1,162,952,288 |
Property Type Breakdown
| Type | # of Deals | Value (AED) | Value (USD) |
|---|
| Land | 129 | 1,703,694,007 | 459,997,382 |
| Commercial Land | 19 | 397,490,325 | 107,322,388 |
| Unit (Flats, Offices, etc.) | 761 | 1,772,638,381 | 478,612,363 |
| Flats | 681 | 1,492,893,821 | 403,081,332 |
| Building (Villas) | 208 | 830,898,308 | 224,342,543 |
| Total | 1,098 | 4,307,230,696 | 1,162,952,288 |
Top 10 Areas by Value
| Area | Value (AED) | Value (USD) | # of Deals |
|---|
| Dubai Investment Park Second | 467,627,270 | 126,259,363 | 123 |
| Um Suqaim First | 324,401,820 | 87,588,491 | 3 |
| Wadi Al Safa 3 | 219,999,922 | 59,399,979 | 12 |
| HORIZON | 183,242,057 | 49,475,355 | 12 |
| Al Yelayiss 1 | 178,161,120 | 48,103,502 | 23 |
| PALM DEIRA | 138,875,185 | 37,496,300 | 26 |
| BUSINESS BAY | 127,688,729 | 34,475,957 | 53 |
| Jumeirah First | 115,500,000 | 31,185,000 | 1 |
| Al Murqabat | 108,047,000 | 29,172,690 | 2 |
| PALM JUMEIRAH | 98,711,001 | 26,651,970 | 11 |
Other areas accounted for the remaining 2,543,976,592 AED (686,873,680 USD) across 874 transactions. Significant activity was noted in Jumeirah Village Circle, Madinat Al Mataar, Burj Khalifa, and Dubai Sports 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.