15.6 billion dirhams Dubai real estate transactions in the first 5 days of February

Indicators of the "Dubai REST" digital platform affiliated with the Dubai Land Department showed that real estate transactions in the Emirate of Dubai recorded more than 15.63 billion dirhams, at the end of the first five days of February 2025 transactions, and sales included the implementation of 3,800 deals worth more than 11.41 billion dirhams, after .

The "Wadi Al Safa 5" area topped the rest of the areas in terms of real estate sales during that period of the current month with a value of 890.56 million dirhams, resulting from the implementation of 252 deals, followed by the "Al Yufrah 1" area with about 801.90 million dirhams resulting from the implementation of 165 deals, then the "Nad Al Sheba 1" area with about 779.34 million dirhams resulting from the implementation of 87 deals.

According to the data, the total value of mortgages during that period exceeded AED 3.72 billion, after implementing 680 procedures, while the total value of real estate grants amounted to about AED 502.26 million after implementing 123 transactions.

A recent report issued by W Capital Real Estate Brokerage Company noted that Dubai offers many competitive advantages that make it a preferred destination for investors, explaining that real estate projects on the waterfronts in Dubai still provide attractive investment opportunities thanks to their strategic location, advanced infrastructure, diverse real estate options, and low prices when compared to similar projects in major real estate markets around the world.

Compared to Dubai real estate sales in the first month of this year (January), about AED 44 billion, resulting from 14,060 deals, with a growth of 24.3% and 24.5% in terms of value and number, compared to the same month of 2024, which recorded AED 35.4 billion through 11,283 deals.