Dubai Real Estate Records $3.8 Billion in Weekly Transactions, Including $12.7M Burj Khalifa Office
Sunday, 9 February 2025
Dubai’s real estate market saw AED 13.65 billion ($3.8 billion) in transactions last week, with over 3,300 sales recorded. High-value deals included a Burj Khalifa office sold for $12.7 million.
Key Highlights:
- Total real estate transactions reached AED 13.65 billion ($3.8 billion) between January 27 and January 31.
- Sales transactions accounted for AED 9.98 billion ($2.7 billion).
- Notable high-value sales:
- Burj Khalifa office sold for AED 46.5 million ($12.7 million).
- Six Senses Residences The Palm apartment sold for AED 40 million ($10.9 million).
- Il Primo apartment in Burj Khalifa area sold for AED 28.5 million ($7.8 million).
- Mortgage transactions totaled AED 2.61 billion ($710.6 million).
- Gift transactions were valued at AED 1.06 billion ($288.6 million).