by DKV International Real Estate 
The Dubai real estate market continues to showcase remarkable activity, recording AED 15.46 billion (USD 4.2 billion) in total transactions between October 7 and October 11, according to the latest data from the Dubai Land Department. This includes a robust AED 11.67 billion (USD 3.2 billion) in sales, marking an impressive performance across all segments of the property market.
Highlights of the Week:
- Top Sales Transactions
- An apartment in Como Residences, Palm Jumeirah sold for AED 53.6M (USD 14.6M).
- Two apartments in Eden House, The Canal sold for AED 33.7M (USD 9.2M) and AED 30.1M (USD 8.4M), respectively.
- Total Sales
The sales segment dominated the week’s figures, contributing AED 11.67 billion (USD 3.2 billion). - Mortgage Transactions
In addition to sales, the real estate market recorded AED 2.67 billion (USD 727 million) in mortgage transactions. - Gift Transactions
Gift transactions, where property was transferred without any financial compensation, amounted to AED 1.12 billion (USD 305 million).
Luxury Market Focus:
The luxury property segment continues to be a key driver of Dubai’s real estate market, particularly in areas such as Palm Jumeirah, Business Bay, and Downtown Dubai. These prime locations are highly sought after by international buyers and investors seeking exclusive high-rise apartments, offering a blend of city and waterfront living.
Key Takeaways:
- The luxury off-plan market remains strong, with prominent sales in high-rise projects.
- Como Residences in Palm Jumeirah topped the list with a sale worth AED 53.6M.
- Eden House, The Canal witnessed significant activity with high-value transactions.
- The overall demand for Dubai real estate remains robust, with consistent sales and mortgage volumes across various segments.
What This Means for Investors:
Dubai’s real estate market is thriving, offering exceptional opportunities for both local and international investors. The combination of strategic location, world-class infrastructure, and a focus on luxury living continues to attract buyers from around the globe.
Get in Touch for More Details:
If you’re looking to invest in Dubai’s growing real estate market or want more details about the latest transactions, reach out to DKV International Real Estate. We specialize in luxury properties and off-plan developments across Dubai, helping you secure premium investments in a vibrant market.
Contact Us Today:
📞 Call: +971 4 568 4971
📧 Email: info@dkvintl.com / info@dkvrealestate.com
💬 WhatsApp: +971 55 976 4106 / +971 50 651 2782
🕒 Business Hours: Monday – Saturday, 9am to 6pm
Explore Our Services:
From finding your next luxury home to securing profitable investment opportunities, DKV International Real Estate is here to assist with all your real estate needs in Dubai. Reach out today for expert advice and a seamless experience in Dubai’s dynamic property market!
Why Choose DKV International Real Estate?
- Trusted experts in luxury real estate.
- Extensive experience in the Dubai property market.
- Dedicated customer service, from start to finish.
Recent Properties:
- Como Residences, Palm Jumeirah
- Eden House, The Canal
Contact us now to schedule a consultation and discover what Dubai’s real estate market has to offer!
