Dubai’s real estate market hit an all-time high of 15.6 billion dirhams ($4.25 billion) in real estate transactions on January 26, according to data released by Dubai Land Department.
This value was achieved through 1,501 real estate transactions on the day, highlighting strong demand and high liquidity in the market.
The data further showed that sales alone amounted to Dh11.4 billion, including land, housing units and buildings, in addition to mortgages and large gifts. This reflects widespread activity across multiple real estate segments, highlighting the expansion and diversification of the investor base.
Badar Rashid Albrusi, chairman of Arabian Gulf Properties, said the record-breaking numbers reflect an advanced stage of market maturity and stability, reaffirming the emirate’s growing position as one of the world’s leading real estate and investment destinations.
“Recording AED 15.6 billion worth of real estate transactions in a single day is an unprecedented milestone and reflects the strong confidence of domestic and international investors in Dubai’s real estate market and its ability to absorb large-scale investments in an attractive and globally competitive environment,” Albrusi said.
He added that this record performance is closely linked to the broader economic situation, as well as continued business growth, corporate expansion and the strengthening of Dubai’s role as a regional and global business hub, factors that directly support real demand for real estate assets.
Albrusi explained that this figure shows true investment activity driven by long-term economic fundamentals, noting that the size and value of transactions confirms that the market is moving into a more sustainable growth phase.
He added: “At Arabian Gulf Properties, we are responding to this momentum by closely monitoring these market indicators and developing well-planned real estate projects that address current and future market requirements and combine strategic location, quality execution and long-term investment value.”
Mr. Albrusi concluded that achieving these record transaction levels further strengthens Dubai’s attractiveness as a leading destination for real estate investment and lays the foundations for a new phase of balanced growth, supported by clear regulations, advanced infrastructure and sustained investor confidence. – TradeArabia News Service
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