Dubai’s property market generated AED 10.14 billion this week, a 24.2 % jump from last week’s AED 8.16 billion. The number of deals was 4,894, indicating that the higher turnover came from larger-ticket transactions rather than higher activity levels. Off-plan sales continued to dominate by value, but ready homes also posted strong gains.
1-Beroom Flats were the most traded, with 1,974 transactions.
3-Bedroom & 4-Bedroom villas dominated the villas with 273 transactions combined.
The total number of flats traded reached 4,255, while the villas accounted for 337 villa.
Category | Off-Plan (AED millions) | Ready (AED millions) |
|---|---|---|
Flat | 5 998.5 | 2 387.6 |
Villa | 425.1 | 698.9 |
Hotel Apt. & Rooms | 34.9 | 115.0 |
Commercials | 132.5 | 344.2 |
Total | 6 591.1 | 3 545.8 |
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