From 26 to 30 October 2026, the Dubai Land Department recorded AED 12.26 billion ($3.3bn) in real estate transactions, including 2,579 sales. An apartment at Balqis Residence – Beach Villas on Palm Jumeirah sold for AED 55 million.
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Dubai real estate transactions this week reached AED 12.26 billion ($3.3 billion) between 26 and 30 October 2026, according to Dubai Land Department data reported by Arabian Business on 31 October 2026. Over the week, sales accounted for AED 7.44 billion across 2,579 deals, and mortgages for AED 3.51 billion.
The week's top transaction was an apartment at Balqis Residence – Beach Villas, on Palm Jumeirah, which sold for AED 55 million ($15 million). It confirms that the island's ultra-prime segment remains the driving force behind the emirate's record sales as the year draws to a close.
Key takeaways
- The Dubai Land Department recorded AED 12.26 billion ($3.3 billion) in real estate transactions in Dubai from 26 to 30 October 2026.
- Sales totalled AED 7.44 billion ($2 billion) across 2,579 transactions over the week of 26 to 30 October 2026.
- Mortgages registered with the Dubai Land Department reached AED 3.51 billion ($956 million) over the same week.
- The most expensive sale of the week was an apartment at Balqis Residence – Beach Villas, on Palm Jumeirah, sold for AED 55 million ($15 million).
- An office at Bureau Lamar, in Business Bay, sold for AED 43.76 million ($12 million) over the same period.
A week that confirms the depth of the Dubai property market
With 2,579 sales in five working days, Dubai is showing sustained activity at the end of October 2026: that works out to an average ticket of around AED 2.9 million per sale, based on our calculation from Dubai Land Department figures. The pace is in line with previous weeks: the week published on 18 October 2026 totalled $3.7 billion in transactions and 2,676 sales, and the one published on 4 October 2026 $3.1 billion.
The weight of mortgage lending is the other signal worth noting. The AED 3.51 billion in mortgages represents nearly 29% of the total recorded over the week: a significant share of buyers are using bank financing, which points to long-term demand rather than purely opportunistic cash purchases. For an overview of the fundamentals, our Invest in Dubai page brings together the key benchmarks.
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Palm Jumeirah, the address of record sales
At AED 55 million, the Balqis Residence – Beach Villas apartment extends a streak: in the week published on 18 October 2026, the top transaction was already an apartment on Palm Jumeirah, sold for $14.6 million. The island regularly posts the emirate's highest prices, supported by a waterfront supply that is limited by nature and a wealthy international clientele.
The office sold for AED 43.76 million at Bureau Lamar, in Business Bay, is also a reminder that commercial property plays its part in headline deals. For prices, yields and projects on the island, our guide Buying on Palm Jumeirah: prices, yields and projects covers the market residence by residence.
What it means for investors
For an investor, the first reading is liquidity: a market that absorbs more than 2,500 sales a week offers better resale conditions, whatever the segment. In Dubai, individuals pay no tax on rental income or on property capital gains: in such an active market, this framework strengthens the case for a well-built wealth strategy, provided you choose the right location and the right product.
Palm Jumeirah's record sales shouldn't obscure the fact that the logic changes with the budget: a prestige waterfront residence is primarily about preserving value and personal use, while an apartment in a more accessible neighbourhood targets rental yield. Our guide on which type of property to favour in Dubai helps you weigh up apartment, villa and townhouse.
Past performance is no guide to future performance: every project deserves its own analysis. Lucretia supports you on the ground in Dubai with property selection, structuring the financing and securing every step of the acquisition.
Source: arabianbusiness.com — 2026-10-31
This article is part of our guide
Dubai Property Investment Guide for Foreign Buyers
About the author
Sofiane OULD
Founder & Chief Executive Officer
A visionary entrepreneur and recognized expert in Dubai's prestige real estate market, Sofiane began his career in Paris before joining major players in online real estate (SeLoger, MeilleursAgents, Airbnb). Based in Dubai since 2019, he quickly established himself as one of the city's top-performing brokers. Founder of Lucretia Immobilier, he now supports his clients with an approach combining integrity, innovation and excellence, thereby redefining the standards of luxury.
