Dubai Real Estate Records $3.8 Billion in Weekly Transactions, Including $12.7M Burj Khalifa Office

Tuesday, 11 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).