Dubai Real Estate Market Records $4.15 Billion in Weekly Transactions.

Driven by Two Ultra-Luxury $16.8M Palm Jumeirah Apartments

The Dubai Real Estate Sector Recorded $4.15bn in Transactions and 3,531 Sales Last Week

According to data from the Dubai Land Department, the city’s real estate sector recorded a total of AED 15.238 billion (USD 4.15 billion) in transactions last week.
Sales transactions accounted for the lion’s share, contributing AED 10.3 billion (USD 2.8 billion) to the overall figure.
Between March 28th and April 3rd, a total of 3,531 property sales were registered, reflecting the continued strength and investor confidence in Dubai’s dynamic real estate market.

Dubai Real Estate This Week: High-Value Sales and Strong Mortgage Activity

This week, Dubai’s real estate market witnessed several high-value transactions, as listed on the Dubai Land Department’s official records. Among the most notable sales were:

• An apartment in Alba Residence, Palm Jumeirah, sold for AED 61.8 million (USD 16.8 million).
• Another apartment in Alba Residence, Palm Jumeirah, sold for AED 61.6 million (USD 16.8 million).
• A luxurious unit in Como Residences, Palm Jumeirah, changed hands for AED 52.2 million (USD 14.2 million).

In addition to residential sales, the land mortgage sector also recorded significant activity, with mortgage-backed transactions totaling AED 4.13 billion (USD 1.1 billion).

Meanwhile, gift transactions for the same period reached a total value of AED 807.8 million (USD 220 million) — underscoring the diverse nature of Dubai’s property market and ongoing investor interest.