Dubai's property market continued its strong performance with AED 9.83 billion ($2.7 billion) in real estate transactions recorded during the week of 31 August to 4 September 2026. The latest figures from the Dubai Land Department highlight sustained investor confidence across residential and commercial segments, with a premium office transaction in Business Bay emerging as one of the week's standout deals.

Dubai Property Market Generates AED 9.83bn in One Week

According to Dubai Land Department data, the emirate recorded AED 9.83 billion ($2.7 billion) in total real estate transactions during the reporting period. Sales activity accounted for the largest share, reaching AED 7.05 billion ($1.9 billion) through 2,465 sales transactions, demonstrating robust demand from local and international buyers.

The figures reinforce Dubai's position as one of the world's most active real estate investment markets, supported by strong economic fundamentals, growing population numbers, and continued interest in premium residential and commercial assets.

Business Bay Office Sells for AED 41.8m

One of the most significant transactions recorded during the week was the sale of an office unit in Lumena Alta by Omniyat, Business Bay, which changed hands for AED 41.8 million ($11.4 million). The deal highlights the growing appeal of prime office space in Dubai's leading commercial districts as businesses continue to expand their presence in the emirate.

Business Bay remains a key business hub due to its strategic location, proximity to Downtown Dubai, and access to major transport networks, attracting demand from both investors and corporate occupiers.

Luxury Residential Sales Continue to Drive the Market

Alongside the notable Business Bay office transaction, several high-value residential deals were recorded across Dubai's luxury property market. These included:

An apartment in Muraba Veil, Dubai Water Canal, sold for AED 31.6 million ($8.6 million). An apartment in Orla by Omniyat, Palm Jumeirah, sold for AED 29.4 million ($8 million).

These transactions underline the continuing demand for ultra-luxury homes in waterfront and branded developments across the city.

Mortgage Activity Exceeds AED 2bn

The Dubai Land Department data also showed healthy financing activity, with mortgage transactions reaching AED 2.01 billion ($547 million) during the week. Meanwhile, gift transactions totalled AED 774 million ($211 million), contributing to the overall market activity.

The strong mortgage volumes indicate that both end-users and investors continue to utilise financing options to enter the market, supporting transaction growth across multiple property segments.

Outlook for Dubai Real Estate

The latest transaction figures demonstrate the resilience of Dubai's real estate sector, with strong performances recorded across residential, commercial and luxury property categories. Continued demand for high-quality office space in Business Bay and premium homes in sought-after locations such as Palm Jumeirah and Dubai Water Canal reflects the market's broad-based strength.

As investment activity remains robust and transaction values continue to climb, Dubai's property market is maintaining its reputation as a leading destination for global real estate investment and long-term capital growth.