Dubai.. Selling a luxury residential apartment on the map for 84.6 million dirhams

The real estate market in Dubai witnessed the implementation of a deal to sell a luxury apartment off-plan for a value of 84.6 million dirhams in the Jumeirah 1 area, which reflects the continued strong demand for luxury real estate in the emirate.

According to data from the Dubai Rest application, affiliated with the Dubai Land Department, the area of ​​the apartment is about 11,566 square feet, which is equivalent to about 1,074 square metres, with an average price exceeding 7,317 dirhams per square foot.

The apartment is located in the Jumeirah 1 area within the “Solaya 1, 2, 3” project.

In addition, the total value of real estate transactions in the emirate, as of midday trading, was about 1.57 billion dirhams, while real estate sales exceeded about 1.32 billion dirhams, which reflects the continued momentum in the real estate sector.

During the year 2025, the luxury real estate market in Dubai recorded unprecedented levels of activity, supported by the increasing demand of wealthy people from various countries of the world for the emirate, in light of the attractive investment, legislative and tax environment it provides.

During the past year, Dubai witnessed the sale of 6,668 luxury real estate deals with a total value of about 143.8 billion dirhams, compared to 4,735 deals worth 99.3 billion dirhams during the year 2024, achieving a growth of 41% in the number of deals and 45% in their value.