Real estate transactions worth AED 2.7 billion were registered in Dubai during the week ending October 15.
That's according to figures released by the Dubai Land Department.
There were 1,014 transactions in total - 38 plots were sold for AED 204.99 million, while 654 apartments and villas were sold for AED 1.36 billion.
The top transaction was a land in Saih Shuaib 4 which was sold for AED 52.51 million.
Nad Al Sheba Third recorded the most number of transactions during the one-week period (seven sales transactions worth AED 17.59 million), followed by Hadaeq Sheikh Mohammed Bin Rashid (five sales transactions worth AED 23.87 million), and Al Merkadh with four sales transactions worth AED 51 million.
The top three residential transfers were an apartment in Palm Jumeirah (AED 161 million), followed by one in Marsa Dubai (AED 138 million), and a villa in Al Hebiah Fourth (AED 102 million).
The sum of the amount of mortgaged properties for the week was AED 850 million, with the highest being a land in Marsa Dubai, mortgaged for AED 268 million.
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and US attacks on Iran.
The United Arab Emirates has consolidated its status as a leading force and key player in the digital nomad economy, rising to second place globally as a top destination for digital nomads in 2025.
A walkout by French air traffic controllers to protest against staff shortages and ageing equipment forced airlines to cancel hundreds of flights on Thursday, just as the summer season gets under way.
Abu Dhabi’s economy continues to show strong momentum in 2025, with new data from the Statistics Centre–Abu Dhabi revealing a GDP of AED 291 billion in the first quarter, up 3.4 per cent year-on-year.
Dubai has launched a programme for first-time home buyers, aiming to make homeownership more accessible and affordable by facilitating priority access to new launches, preferential pricing and tailored mortgage solutions.
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