Dubai’s real estate market experienced a significant boost last week, recording transactions totaling AED 22.16 billion ($6 billion) between April 28 and May 2, 2025. This activity encompassed 4,490 sales transactions, highlighting the city’s dynamic property sector.
Sales transactions were the primary contributors, amounting to AED 15.47 billion ($4.2 billion). Notable high-value deals included:
- An apartment in One at Palm Jumeirah sold for AED 60 million ($16.3 million).
- A unit in Muraba Veil, located along the Dubai Water Canal, fetched AED 33.46 million ($9.1 million).
- An apartment in Six Senses Residences on Palm Jumeirah was purchased for AED 27.5 million ($7.5 million).
Additionally, mortgage transactions during this period reached AED 5.12 billion ($1.4 billion), while gift transactions were valued at AED 1.57 billion ($427 million).
These figures underscore Dubai’s continued appeal in the luxury real estate market, attracting both local and international investors.
