3.78 billion dirhams of Dubai real estate transactions in the first two days of New Year’s transactions

Real estate transactions in Dubai recorded more than 3.784 billion dirhams in transactions on Thursday and Friday of this week, which are the first two days of transactions in the new year 2025, which included sales worth 2.5 billion dirhams after implementing 542 transactions.

Monitoring conducted by Emirates Today, based on data from the Dubai Land Department, showed that the highest areas in terms of real estate sales at the end of transactions in the first two days of the new year 2025 came from the Wadi Al Safa 5 area, with a value of 56.31 million dirhams, resulting from the implementation of 29 transactions, then the Burj Khalifa area with approximately 54.409 million dirhams resulting from the implementation of 17 deals, then the Business Bay area with approximately 38.086 million dirhams resulting from the implementation 14 deals.

The value of real estate mortgages during the same period of the new year also reached 1.1 billion dirhams through 206 procedures. The value of real estate donations during that period also amounted to 183.73 million dirhams through 35 procedures.

Thus, the real estate sector in Dubai continues to record unprecedented booms amid the increasing demand for various types of residential and commercial properties, which confirms the continued growth of the emirate of Dubai’s attractiveness as a global investment destination, and the importance of the sector as a strong economic pillar that supports development and sustainable growth.