Sales drive market activity
Sales transactions stood out, rising 22.8% year on year to 9,978 deals. The total value of these transactions reached Dh14.3 billion, spread across 172 areas and covering more than 53.5 million square feet.
Residential properties led activity, accounting for 78% of total sales with 7,781 transactions. Industrial, commercial and agricultural assets made up the rest, pointing to a market that remains anchored in housing demand while retaining diversification across sectors.
Al-Belaida recorded the highest number of sales transactions at 1,497, followed by Muwaileh Commercial with 1,246 deals and Al Khan with 711 transactions, indicating continued activity across established and emerging districts.
Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series.
Her reporting has taken her from breaking spot news to long-form features and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a long list of CEOs, regulators, and founders who are reshaping the region’s economy.
An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which probably explains her weakness for data, context, and a good follow-up question.
When she is away from her keyboard (AFK), you are most likely to find her at the gym with an Eminem playlist, bingeing One Piece, or exploring games on her PS5.
