Dubai’s property market recorded transactions worth AED 12.43 billion in the week ending Friday, November 13, 2026. According to the latest data from the Dubai REST app, operated by the Dubai Land Department, 3,771 sales, mortgage and gift transactions were registered over the week’s five working days. Highlights included the sale of a commercial plot in Palm Jebel Ali for more than AED 410 million and an AED 85 million luxury apartment deal in Palm Jumeirah.

From Monday, November 9, to Friday, November 13, a total of 2,433 sales transactions worth AED 8.04 billion were recorded. These included 1,945 residential units, 160 buildings and 328 plots. During the same period, 922 mortgage transactions worth AED 2.89 billion and 416 gift transfers valued at around AED 1.5 billion were completed.

Ready properties lead by sales value

A breakdown of the transactions shows that 1,111 ready properties were sold for AED 5.34 billion, accounting for about 66 per cent of the week’s total sales value. By comparison, 1,322 off-plan properties were sold for AED 2.7 billion.

Sales of ready properties included 700 residential units, 83 buildings and 328 plots. In the off-plan segment, 1,245 residential units and 77 buildings were sold.

Off-plan properties therefore led in transaction volume, while the sales value of ready properties was nearly double that of off-plan properties.

Palm Jebel Ali tops Dubai locations

Palm Jebel Ali recorded the highest sales value among Dubai locations at AED 651.81 million. It was followed by Dubai Islands at AED 622.2 million, Nad Al Sheba First at AED 367.06 million, Business Bay at AED 296.13 million and Wadi Al Safa 3 at AED 255.96 million.

Other locations with the highest weekly sales values included Palm Jumeirah at AED 204.71 million, the Burj Khalifa area at AED 199.65 million and Dubai Maritime City at AED 196.14 million.

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Palm Jebel Ali Land Plot Sells for AED 410 Million

The week’s largest landmark sale was a commercial land plot in Palm Jebel Ali, which sold for exactly AED 410,614,035. The transaction was registered on Monday, November 9, and the plot covered approximately 106,883 square feet.

On the same day, a property designated for use as a sports club in the Horizon area sold for AED 138.24 million. The property’s registered area was approximately 48,057 square feet.

In the luxury residential segment, a seven-bedroom off-plan apartment at Nakheel’s Como Residences on Palm Jumeirah sold for AED 85 million on Thursday, November 12. The unit’s registered area was approximately 19,620 square feet.

A completed six-bedroom villa in Emirates Hills also sold for AED 80 million. The property has a plot area of approximately 25,915 square feet and a built-up area of around 16,062 square feet.

Total Transaction Value Falls 22% as Sales Rise 7%

The total value of Dubai property transactions in the previous week, ending November 6, stood at AED 15.98 billion. This means the value of transactions in the latest week fell by approximately 22%.

Despite the decline, property sales rose from AED 7.51 billion in the previous week to AED 8.04 billion, representing growth of around 7%.

By contrast, the value of mortgage transactions fell from AED 5.73 billion to AED 2.89 billion, while property gifts declined from AED 2.74 billion to approximately AED 1.5 billion.

The figures indicate that the drop in the week’s total transaction value was driven mainly by lower mortgage and gift-transfer values rather than a decline in property sales. A weekly change in total transaction value alone does not indicate a rise or fall in housing prices, as the transaction mix and the registration of major sales or mortgages can significantly affect the figures.