Dubai Luxury & Commercial Real Estate Drive AED 17.4B Of Transactions Last Week

Dubai Luxury & Commercial Real Estate Drive AED 17.4B Of Transactions Last Week

Dubai Real Estate Hits AED 17.4 Billion in Weekly Transactions, Reinforcing Market Confidence

Between May 19 and 23, 2025, Dubai’s dynamic real estate sector recorded a staggering AED 17.4 billion (USD 4.7 billion) in total transactions, underscoring the emirate’s sustained market momentum and investor confidence. A total of 4,309 property sales were registered during the period, reflecting both local and international appetite for high-value assets.

Among the most notable deals was the sale of a premium apartment in Jumeirah Residences Asora Bay, which closed at an impressive AED 99.2 million—highlighting ongoing demand in Dubai’s ultra-luxury residential segment. In the commercial space, an office property in Business Bay fetched AED 56.6 million, further illustrating the rising investor focus on income-generating assets in prime business districts.

In addition to sales, mortgage transactions accounted for AED 3.39 billion, a testament to the healthy lending environment and growing buyer confidence in long-term investment potential. Gift transfers—often indicative of family and trust-based asset planning—reached AED 825 million, adding to the week’s diverse transaction profile.

The consistent performance across residential and commercial sectors not only reinforces Dubai’s position as a global real estate hub but also highlights the city’s appeal as a secure, high-yield investment destination amid a rapidly evolving global economy.