Dubai's real estate market continued to record exceptional performance during the first half of the current year, reinforcing its position among the world's most active property markets. Sales reached AED 286.24 billion through 85,934 transactions, while total real estate transactions exceeded AED 419.6 billion across 112,746 transactions, according to an analysis by Al Bayan based on data from the Dubai Land Department.
Sales transactions were distributed across 71,509 deals for residential units, 7,296 for buildings, and 7,129 for land plots, reflecting continued momentum across all segments of the real estate market.
Ready properties lead the way
Ready properties captured the largest share of total sales, recording AED 146.57 billion through 27,146 transactions, comprising 18,280 deals for residential units, 1,737 for buildings, and 7,129 for land plots.
Off-plan property sales, meanwhile, reached AED 139.67 billion through 58,788 transactions, distributed across 53,229 deals for residential units and 5,559 for buildings — an indicator of continued strong confidence in future development projects.
Mortgage transactions during the first half of the year amounted to approximately AED 101.99 billion through 22,315 transactions, including 14,499 deals for residential units, 2,582 for buildings, and 5,234 for land plots.
The value of property gifts reached AED 31.37 billion through 4,497 transactions, distributed as 3,503 deals for residential units, 260 for buildings, and 734 for land plots.
When combining sales, mortgages, and gifts, total real estate transactions in Dubai during the first half of the year rose to more than AED 419.6 billion, reflecting the continued record activity being witnessed in the emirate's property sector.
On a second-quarter basis, Dubai property sales recorded AED 110.25 billion through more than 38,200 transactions between April and June, while the value of mortgage transactions reached AED 42.45 billion through 10,522 deals, and the value of gifts reached AED 16 billion through 2,449 transactions.
Total real estate transactions in Dubai during the second quarter alone thus exceeded AED 168.7 billion through 51,171 transactions, confirming the market's continued strong momentum, driven by local and international demand, a diverse range of property products, and the ongoing launch of new projects.