Economy Events Local 2026-03-31T20:31:47+00:00

Record Quarter for Dubai's Real Estate Market

Dubai sets a new real estate record with 251 billion dirhams in quarterly transactions. Sales, mortgages, and donations show double-digit growth, indicating a strong sector recovery.


Record Quarter for Dubai's Real Estate Market

Dubai's real estate market achieved a record-breaking quarterly performance with total transactions reaching 251 billion dirhams, marking the best quarterly result in the market's history. Key segments showed significant growth: property sales increased by 23% to 176 billion dirhams, mortgage loans surged by 46% to 59.7 billion, and property donations rose by 60.5% to 15.4 billion. The total number of registered deals rose by 6% to 61,578. Among Dubai's key areas, the Dubai Islands led in apartment sales with a volume of 4.1 billion dirhams. The Al Yalayis 1 and Al Masaar 2 projects recorded the highest activity in the building and land segments. The total trading volume for March amounted to 56 billion dirhams, while transactions involving developers reached 81 billion dirhams.