Dubai Sets Record With Dh11.1 Billion Mortgage Deal on Prime Waterfront Land
Dubai’s real estate market has achieved a historic milestone after recording its largest mortgage transaction to date, reinforcing strong investor confidence in high-value waterfront developments.
Record-Breaking Land Mortgage in Dubai Waterfront
Dubai recorded its biggest-ever mortgage deal during Wednesday’s opening trading session, with two adjoining land plots mortgaged for a combined value of Dh11.1 billion.
According to official property transaction data, the two contiguous plots are situated in the highly sought-after Dubai Waterfront district. Together, they span approximately 24.3 million square feet, making the transaction one of the most significant land-backed financings in the emirate’s history.
The deal reflects an average mortgage valuation of around Dh456.6 per square foot, highlighting sustained demand for premium development land in strategic coastal locations.
Strong Momentum in Dubai’s Property Market
Market analysts view this landmark transaction as a clear indicator of the continued momentum within Dubai’s real estate sector. Demand remains strong for large-scale land assets, particularly in waterfront zones that offer long-term development potential.
Industry experts attribute the surge in high-value transactions to:
- Consistent foreign investor interest
- Competitive mortgage and financing structures
- Confidence in Dubai’s long-term infrastructure and urban expansion plans
With major master-planned districts continuing to evolve, Dubai’s property market remains well-positioned for sustained growth in 2026 and beyond.
