Dubai real estate sales since the beginning of the summer season on June 1 until the preparation of this report exceeded the barrier of 87 billion dirhams (37 working days), resulting from 27,100 transactions, with a daily average of 2.35 billion dirhams (732.4 transactions every working day).
During this period, the real estate market recorded the sale of 21,137 residential units. Off-plan units accounted for the largest share at 13,880 units, while ready-made sales reached 7,257 units. As for the buildings, they achieved 2,194 sales, including 1,438 off-plan units and 756 ready units. Regarding lands, 3,781 transactions were recorded.
The Business Bay area topped the list of deals in terms of value with 5 billion dirhams (2,078 deals), then Wadi Al Safa came second with 4.51 billion dirhams (711 deals), followed by Dubai Hills in third with 4.4 billion dirhams (1,445 deals).
Mortgages were achieved at 24.2 billion dirhams through 6,620 procedures. The Business Bay area came first with 2.95 billion dirhams (302 procedures), then the First Trade Center came second with about 1.46 billion dirhams (3 procedures), followed by Dubai Marina third, recording 867 million dirhams (500). Procedure).
In terms of donations, the “Business Bay” area came in first place with a value of 960 million dirhams (132 transactions), then Burj Khalifa came in second place with about 543 million dirhams (71 transactions), followed by Palm Jumeirah in third place with 488 million dirhams (119 transactions).
Thus, the Business Bay area topped the list of Dubai real estate transactions triangle (sales, mortgages, donations), in terms of value, with approximately 9 billion dirhams resulting from 2,512 transactions.