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Home News Dubai's Burj Khalifa Area Sees Dh1.2 Billion in Villa Transactions

Dubai's Burj Khalifa Area Sees Dh1.2 Billion in Villa Transactions

Aug 28, 2026
44 min
16
Aug 28, 2026 10:30
Dubai records Dh1.2 billion in villa deals in Burj Khalifa area

## Major Villa Sales in Burj Khalifa Area

Dubai's real estate market witnessed significant activity with two major villa transactions in the Burj Khalifa area, totaling Dh1.2 billion. The first villa, sold for Dh725 million, spans approximately 379,000 square feet, translating to an average price of Dh1,914 per square foot.

## Mortgage and Market Impact

A second villa in the same vicinity was mortgaged for Dh471.3 million, covering a similar area, with the mortgage amounting to about Dh1,244 per square foot. These transactions were among the largest recorded at the start of Friday's trading.

## Broader Market Activity

Overall, Dubai's property sales reached Dh1.3 billion across 185 transactions early in the trading day. Mortgage deals amounted to Dh684 million from 44 transactions, while gift transactions were valued at Dh17 million across 13 deals. The high-value transactions highlight the ongoing demand for luxury properties in Dubai.

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