Dubai real estate transactions reach AED 15.6bn in a single week

Dubai’s real estate market recorded total transactions worth AED 15.6 billion over the past week, according to data released by the Dubai Land Department (DLD). The figure reflects continued high-volume activity across the emirate’s residential and commercial sectors. \n\n Sales and Mortgage Volume \n Property sales accounted for AED 8.73 billion of the total transaction value. This segment remains the primary driver of market growth, encompassing both off-plan developments and secondary market transfers. The remaining balance of the AED 15.6 billion total was comprised of mortgage deals and gift transactions recorded during the same period. \n\n The DLD data highlights a consistent pace of investment, with daily averages maintaining levels seen throughout the third quarter of 2024. The volume of sales indicates sustained demand from international investors and residents alike, supported by the city\'s expanding infrastructure and economic stability. \n\n Market Growth Indicators \n The latest weekly figures follow a pattern of strong performance in Dubai’s property sector. Analysts point to the AED 15.6 billion total as evidence of a resilient market that continues to attract…