The Dubai real estate market is thriving, with an impressive $5.8 billion in transactions recorded last week, according to the Land Department. Sales accounted for $4.8 billion of that total, reflecting a vibrant market.
Key Transactions
Between September 30 and October 4, there were 5,321 sales transactions. Notable sales included:
An apartment in BV Residences for $12.2 million
A unit in Baccarat Hotel and Residences for $8.8 million
Another apartment in BV Residences for $8.4 million
Additionally, mortgage deals reached $820 million, with gift transactions valued at $172 million during the same period.
Dubai’s real estate sector continues to shine, showcasing its allure for luxury buyers and investors alike!
Read More: UAE Launches Ambitious Agriculture Program
![[object Object]](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2Fko0zbh345cps%2F27IHj2baVvHvzzBuvlRLiD%2F42dfcedc600ab4ea8302a325e93febc5%2Fnew_super_tower.jpg&w=1920&q=75)
![[object Object]](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2Fko0zbh345cps%2F4Q6eiuYGxFdwGOa5JrcfN4%2Ff348fa8c4d176abf4119a5306ddc2a2a%2FNew_Thumbnail_Size_0021_Wireless.jpg&w=1920&q=75)
![[object Object]](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2Fko0zbh345cps%2Fj0CF2cwZE7rkaEqtchtMP%2Fa5b019eb697794061ac35b726aa68009%2Fa-giant-ring-like-structure-is-proposed-to-encircle-dubais-burj-khalifa_11.jpg&w=1920&q=75)
