Dubai's real estate sector recorded AED 10.69 billion ($2.9 billion) in transactions last week, reaffirming the city's position as one of the world's most active and resilient property markets. According to Dubai Land Department data, the week saw 3,098 transactions, reflecting strong momentum across both off‑plan and ready segments. Sales contributed AED 7.11 billion, while mortgages added AED 2.77 billion, and gift deals accounted for AED 806 million, showcasing broad market activity across investor categories.

A standout transaction during the week was a AED 63 million ($17.2 million) ultra‑luxury apartment at Bugatti Residences by Binghatti in Business Bay. This sale highlights the continued surge in demand for branded residences, particularly in dubai's prime and emerging prime districts. Business Bay has rapidly evolved into a hub for high‑net‑worth buyers, with branded towers such as Bugatti Residences and Lumina Alta by Omniyat attracting global interest. Other major deals included a AED 48.75 million sale at Lumina Alta and a AED 45.2 million transaction at Bugatti Residences, further cementing Business Bay's status as a luxury investment hotspot.

The sustained weekly transaction volume above 3,000 deals reflects a structurally strong market supported by international investor confidence, flexible developer payment plans, and Dubai’s long‑term economic outlook. Off‑plan sales continue to dominate activity, driven by new launches offering competitive entry points and high future appreciation potential. Meanwhile, ready properties in established communities remain attractive for rental‑yield investors seeking stable returns in a market with rising population and tourism inflows.

Dubai's luxury and ultra‑luxury segments remain a key growth driver, with branded residences outperforming traditional prime properties in both price per square foot and resale demand. The $17 million Binghatti sale underscores the appetite for exclusive waterfront and design‑driven developments, a trend expected to continue as developers introduce more high‑end projects targeting global UHNW buyers.

Overall, the latest weekly data reinforces Dubai's position as a leading global real estate destination, with strong liquidity, consistent investor demand, and a growing pipeline of luxury and off‑plan opportunities. As new launches continue to reshape the city's skyline, transaction volumes are expected to remain elevated through the remainder of 2026.