Dubai Real Estate Sector Booms with AED23.8bn in Transactions
The Dubai real estate sector witnessed a lucrative week starting November 24, recording AED 23.8 billion (dirhams) (USD 6 billion) of transactions, Arabian News reported, citing data from the Land Department. This significant activity highlights the ongoing strength and appeal of the Dubai property market.
The department data further revealed that the large figures mostly contained sales transactions of AED19.49bn ($5.3bn). There were a total of 4,798 sales transactions recorded between November 24 and 28. This surge in sales activity reflects the growing confidence in the Dubai real estate market, driven by factors such as economic stability, strategic location, and attractive investment opportunities.
The Land Department additionally disclosed that mortgage agreements amounted to AED 3.68 billion ($1 billion) last week. During the same period, gift transactions were valued at AED632m ($172m). These figures underscore the diverse nature of the transactions and the strong interest from both local and international buyers.
List of most expensive sales transactions listed on Land Department website:
- An apartment in Aman Residences in Jumeirah Second sold for AED81m ($22.1m). Aman Residences is located on the Jumeirah Peninsula at the end of the Dubai Water Canal, offering beachfront access and views of the Arabian Gulf and Dubai skyline. - An apartment in Solaya 2 in Jumeirah First sold for AED61.7m ($16.8m). According to Bayut, Solaya 2 is a residential building planned within the Solaya complex in La Mer, Dubai. This low-rise building by Meraas will feature a combination of 2- to 5-bedroom apartments as well as signature garden homes, penthouses, and duplexes. - An apartment in Enara by Omniyat in Business Bay sold for AED58m ($15.8m). Situated on Marasi Drive, a vibrant business district with excellent connectivity to key areas of Dubai.
Meanwhile, AMIS Development has announced the launch of The Tides, a high-end residential project located on the Dubai Islands, according to Arabian Business. This crucial step marks a major milestone for the developer as it aims to expand into one of Dubai’s hotly anticipated master-planned destinations.
The Dubai Islands, a luxury residential and leisure destination, is set to offer a unique lifestyle experience with its prime location and world-class amenities. The Tides project is expected to further enhance the appeal of the Dubai Islands, attracting a mix of residents and investors looking for premium living options.
Overall, the robust performance of the Dubai real estate sector in the last week of November 2025 is a clear indication of its resilience and the continued confidence of investors in the market. As the city continues to develop and attract global interest, the real estate sector is poised for sustained growth and prosperity.
