Dubai Real Estate Transactions Reach AED 13.47 Billion in One Week, Led by Luxury Property Sales
Dubai's real estate market recorded AED 13.47 billion in transactions and 2,676 property sales between October 12 and 16, 2026, including a luxury Palm Jumeirah apartment sold for AED 53.7 million.

Dubai Property Market Records AED 13.47 Billion in Weekly Transactions
Dubai's real estate market recorded AED 13.47 billion in total property transactions during the week of October 12–16, 2026, reflecting continued activity across the emirate's residential and commercial property sectors.
According to official data from the Dubai Land Department, the market registered 2,676 property sales transactions worth AED 8.59 billion during the five-day period.
The figures highlight sustained transaction activity across Dubai's property market, supported by sales of luxury residences, commercial properties and other real estate assets.
Property Sales Account for AED 8.59 Billion
Sales transactions represented the largest share of Dubai's weekly real estate activity, accounting for approximately 64% of the total transaction value.
The Dubai Land Department recorded AED 8.59 billion in property sales, reflecting continued activity across the emirate's diverse property market.
The transactions included high-value residential apartments and commercial properties in prominent locations such as Palm Jumeirah, Dubai Marina and Business Bay.
Palm Jumeirah Apartment Sells for AED 53.7 Million
Luxury property transactions featured prominently among Dubai's highest-value sales during the week.
One of the most notable transactions involved an apartment at W Residences on Palm Jumeirah, which sold for AED 53.7 million.
Other significant transactions included an office at Sensoria at Five Luxe in Dubai Marina, sold for AED 21.8 million, and an apartment at Bugatti Residences by Binghatti in Business Bay, which sold for AED 20.9 million.
These transactions demonstrate continued activity in Dubai's premium residential and commercial property segments, particularly in developments offering distinctive locations and luxury amenities.
Mortgage Transactions Reach AED 3.72 Billion
Alongside property sales, Dubai recorded AED 3.72 billion in mortgage transactions during the same period, according to Dubai Land Department data.
Mortgage activity accounted for approximately 28% of the week's total real estate transaction value.
Gift transactions, which involve property ownership transfers recorded as gifts, reached AED 1.16 billion, representing approximately 9% of the total.
Together, sales, mortgages and gift transactions contributed to the AED 13.47 billion recorded during the five-day period.
Dubai's Luxury Real Estate Market Maintains Strong Activity
The week's largest property transactions highlight continued investment activity within Dubai's luxury real estate sector.
High-value sales in Palm Jumeirah, Dubai Marina and Business Bay demonstrate the ongoing appeal of established waterfront communities, branded residences and premium mixed-use developments.
These locations remain prominent within Dubai's luxury property market, offering residential and commercial opportunities supported by established infrastructure and lifestyle amenities.
Dubai Real Estate Market Outlook
Dubai's AED 13.47 billion in weekly transactions reflects continued activity across multiple segments of the emirate's property market.
The combination of residential and commercial sales, mortgage transactions and luxury property purchases highlights the diversity of Dubai's real estate sector.
With 2,676 sales recorded in just five days, the figures underline the scale of transaction activity as Dubai enters the final quarter of 2026.
The continued presence of high-value property transactions also highlights the importance of luxury residential developments and established investment destinations within the emirate's broader real estate market.
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