Dubai sees one of its biggest real estate deals, topping Dh3 billion

Dubai: In a move underscoring Dubai’s resurgent property market and strong investor sentiment, Knight Frank, the global real estate consultancy, announced that it has successfully brokered one of the largest land deals in the emirate’s history — a transaction valued at over Dh3 billion, including transfer fees, Emarat Al Youm Arabic daily reported.

The record-setting sale signals growing confidence in Dubai’s long-term development trajectory.

In a statement shared on LinkedIn, the company revealed that its capital markets team closed the landmark deal for a prime plot near Emaar Creek Harbour. It is the largest land sale ever handled by a broker in Dubai and ranks as the third-largest overall in the city’s direct real estate transaction history.

Knight Frank described the deal as a major milestone, calling it a testament to the continued global appeal of Dubai’s property sector and the trust investors place in the city’s strategic vision and infrastructure-driven growth.