According to Dubai Land Department data, real estate sales totaled Dh441.22 billion ($120 billion) between January and August, reflecting a 33.7% increase from Dh330 billion during the same period last year. Both residential and commercial segments experienced strong growth, with total transactions rising 21.5% to 137,013 compared to 112,630 in 2024.

The eight-month sales figure highlights the market’s accelerating momentum, already representing 84% of the total sales value achieved in 2024.

Total real estate activity, including mortgages and grants, amounted to approximately Dh595 billion across more than 177,000 transactions, up from Dh479 billion during the same period last year.

Business Bay led all areas with sales totaling Dh24.24 billion, followed by Me’aisem at Dh17.73 billion, Al Yalayis 1 at Dh15.97 billion, Jumeirah Village Circle at Dh15.22 billion, and Airport City at Dh13.78 billion.

Property grants rose to Dh33.43 billion, while mortgage activity edged up 3.2% year-on-year to Dh120 billion.