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Published on 10/15/2024

Dubai Real Estate Sees Growth with AED15.46bn in Transactions Last Week

Palm Jumeirah Comes Strong in Luxury Property Market

Dubai real estate market reports transactions of AED 15.46bn ($4.2bn) last week. Sales were recorded at AED 11.67bn ($3.2bn), with a total of 4,645 sales transactions.

Top ranking transactions in Dubai real estate were recorded as:

  • Como Residences Apartment, Palm Jumeirah, Sold at AED53.6m ($14.6m)

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  • Eden House Apartment, The Canal, Sold at AED33.7m ($9.2m)

  • Eden House Apartment, The Canal, Sold at AED30.1m ($8.4m)

Mortgage deals amounted to AED2.67bn ($727m) and gift transactions to AED1.12 ($305m).