Dubai Real Estate Transactions Reach AED 10.67 Billion in One Week, Including AED 6.78 Billion in Sales Across 2,931 Deals
The value of real estate transactions in Dubai reached AED 10.67 billion between September 7 and 11, including sales worth AED 6.78 billion distributed across 2,931 transactions, indicating continued market activity despite signs of price correction.
Dubai's real estate market recorded total transactions worth AED 10.67 billion during the period from September 7 to 11, comprising sales worth AED 6.78 billion distributed across 2,931 sale transactions between individual investors and institutional entities.
These figures reflect sustained momentum in transaction volume within the Dubai market despite the recent decline in average prices, indicating that softer prices have not yet dampened buyer appetite, particularly in the mid-tier and luxury unit segments.
The weekly transactions include mortgages, property transfers, and direct sales, while off-plan transactions represent a growing share of sales volume, as developers continue to launch new projects at competitive prices to attract early-stage buyers.
The Dubai Land Department issues this data weekly to monitor market sentiment, and its indicators are utilized by brokerage firms and real estate investment trusts to guide market entry and exit decisions.
Analysts point out that the ongoing high transaction volume despite price pullbacks reflects a shift in buyer preferences toward smaller, more price-efficient units per square foot, which could reshape the demand landscape in the coming months.
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