Total Sales Value and Volume
The Dubai property market witnessed a total sales value of 3.8 billion AED from 915 transactions on Monday, 10 February 2025. This indicates a strong performance in the real estate sector, showcasing the continued investment interest in Dubai properties.
The Most Prominent Transactions
Among the most prominent transactions were:
- World Islands: A 75 million AED villa spanning 38,604 sqft sold in the primary market.
- Business Bay: An apartment worth 50.3 million AED with a size of 7,351 sqft sold in the primary market.
- Burj Khalifa: A 46.6 million AED commercial property covering 8,807 sqft sold in the primary market.
These high-value transactions indicate the luxury segment's strength in the Dubai property market.
The Most Expensive Properties Sold
In addition to the above, other luxury properties sold included:
- Property in Jumeirah Second worth 31.2 million AED
- Property in Al Thanyah Fifth valued at 28.5 million AED
These transactions highlight the demand for premium real estate options in Dubai, catering to affluent buyers.
Sale Summary
The sales summary for the day included:
- Primary market apartments at Vanguard By Frank Muller with a total volume of 57.3 million AED.
- Primary market villas at Al Yufrah 1 with a total volume of 208.8 million AED.
These figures indicate the diversity in property offerings and investment preferences in Dubai's real estate market.
New Projects
Several new projects were launched, including Vida Residences Club Point-Building A and Porto View, showcasing the continuous development and growth in the Dubai property market.
Overall Review
On 10 February 2025, the Dubai property market saw 915 transactions amounting to a total sales value of 3.8 billion AED, with luxury properties selling for over 10 million AED indicating a robust demand in the high-end segment. Notable transactions included a 75 million AED villa on World Islands and a 50.3 million AED apartment in Business Bay. The sales summary highlighted the popularity of primary market apartments at Vanguard By Frank Muller, while new projects such as Vida Residences Club Point-Building A and Porto View showcased the market's continual evolution and growth.