Dubai sets new record for one-day property transactions


Dubai has set a new record for the highest volume of real estate transactions in a single day.

According to data from the portal Property Finder, 515 transactions worth over AED 888 million were registered on Sunday, November 24.

It’s the highest since 2008 when data became publicly available.

The most expensive home registered on November 24 was a 5-bedroom penthouse in JBR, worth AED 33 million.

 Off-plan units dominated sales transactions on that day, accounting for 387 out of the 515 deals.

More from Business

Coming Up on Dubai Eye

  • The Best of Dubai Eye 103.8

    6:00am - 10:00am

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

  • Farmer's Kitchen

    10:00am - 11:00am

    Helen Farmer's teamed up with Spinneys to bring you amazing dishes to cook at home using ingredients from the stores. Listen to Farmer's Kitchen and learn how to recreate recipes made by top UAE chefs.

On Dubai Eye

Business Breakfast