Dubai: Dubai’s real estate market has maintained strong momentum, recording AED15.6 billion worth of transactions in just one week, further strengthening its image as a leading global property destination. According to Dubai Land Department data, sales deals alone reached AED8.73 billion, with 2,734 transactions completed between July 6 and 10. Luxury demand remained especially strong, including a Palm Jumeirah apartment sold for $20.6 million. The week also included mortgage deals worth AED5.71 billion and gift transfers valued at AED1.16 billion. These figures reflect strong investor confidence, rising premium demand, and continued global interest in Dubai’s property sector. Will this momentum push Dubai’s market to even higher levels?
