Fifth Consecutive Record Year  ·  Official DLD Data

Dubai Real Estate
2025 Annual Report

A record AED 682.5 billion in residential sales across 214,912 transactions — a 30.6% rise in value and 18.8% rise in volume, drawn from Dubai Land Department filings.

Period
Jan – Dec 2025
Source
Dubai Land Dept.
Sales Growth
+30.6% YoY
Record Streak
5 Years Running

Five years. Five records.

Total residential sales value, 2021–2025

AED 151B
2021
AED 265B
2022
AED 412B
2023
AED 522B
2024
AED 682.5B
2025
AED 682.5B
Total Sales Value
+30.6% YoY
214,912
Total Transactions
+18.8% YoY
AED 919B
All Operations Value
+20.8% YoY
193,100
Total Investors
+24% YoY
129,600
New Investors
+23% YoY
AED 154B
Women Investors
+31% Value
Executive Summary

A structural transformation, not a cyclical peak

2025 is the fifth consecutive all-time record, extending the longest unbroken growth streak in Dubai's real estate history. Total residential sales reached AED 682.5 billion across 214,912 transactions — a 30.6% surge in value and 18.8% rise in volume compared to 2024.

When all real estate operations are included — sales, mortgages and gifted properties — the total reaches AED 919 billion, a 20.8% increase year-on-year. Mortgage transactions alone reached AED 179.26 billion across 50,974 contracts, reflecting a maturing mortgage culture in Dubai.

The investor base expanded to 193,100 — a 24% increase — with 129,600 first-time buyers entering the market, up 23%. Women investors recorded AED 154 billion across 76,700+ deals, growing 31% year-on-year.

"Institutional capital, branded residences, build-to-rent and a 46% surge in HNWI inflows — USD 63 billion in new wealth — signal that this market has permanently re-rated upward. The structural demand drivers are deeper and more durable than at any previous peak."

Analyst Note
01Full-Year Performance

Every measurable metric reached an all-time high

Metric 2025 Detail
Total Sales Value AED 682.5B +30.6% · from AED 522.36B in 2024
Total Transactions 214,912 +18.8% · from 180,860 in 2024
All Real Estate Operations AED 919B +20.8% · sales + mortgages + gifts
Off-Plan Transactions 134,623 ~AED 293B · 62.6% of total
Secondary Market AED 314.7B Record ready-property resale value
HNWI Inflows to Dubai USD 63B +46% · #1 global wealth destination
Women Investors 76,700+ AED 154B · +31% value
Mortgage Transactions 50,974 AED 179.26B · bank financing deepening
02Quarterly Performance

Momentum accelerated through the year

Q4 delivered the highest quarterly sales in Dubai's history — AED 187.47 billion — and December stands as the single highest-selling month on record.

Quarter Sales Value Transactions Note
Q1 2025 AED 156B ~47,000 Strong start
Q2 2025 AED 168B ~52,000 Off-plan surge, +43%
Q3 2025 AED 171B ~55,000 Record Q3
Q4 2025 AED 187.5B ~61,000 All-time record quarter
Q4 Monthly Breakdown Sales Value
October 2025 AED 58.43B
November 2025 AED 64.22B
December 2025 AED 64.82B
03Residential Market

Apartments & villas both appreciated through 2025

Apartments

AED 1,853 per sq ft

Full-year appreciation +12–15%
Off-plan price rise +5%
Gross rental yield 7–8%
Town Square ROI (best) 7.72%
Rental growth, 2025 +11.1%
Core buyer age 31–45
Villas & Townhouses

AED 2,331 per sq ft

YoY price appreciation +12–15%
Gross rental yield ~5%
DAMAC Lagoons ROI (best) 10.46%
MBR City villas 1,400–2,200 psf
Dubai Hills villas 2,517 psf avg
Golden Visa Most units qualify
04Off-Plan vs. Ready

Off-plan cements its structural dominance

Off-plan's share has grown from 61.7% in 2023 to roughly 70% in 2025, driven by developer payment flexibility and improving delivery confidence — while the secondary market posted its own record on the back of 2022–24 handovers.

62.6%
Off-Plan Share of Transactions
134,623 deals · ~AED 293B in value
AED 314.7B
Secondary Market Value
Record year for ready-property resale
05Top Areas by Value

Business Bay leads a diversified field

Community 2025 Value Type Segment
Business Bay AED 38.31B Apartments Mixed
Jumeirah Village Circle AED 24.52B Apartments Off-plan led
Al Yalayis 1 AED 23.75B Mixed Off-plan led
Dubai Investment Park 2 AED 23.16B Mixed Off-plan led
Palm Jumeirah AED 21.4B Villas & apts Ultra-luxury
Dubai Hills Estate Est. AED 18B+ Villas & apts Premium
Dubai Marina Est. AED 16B+ Apartments Mixed
06Investor Profile

The largest, most diverse buyer base in Dubai's history

The 31–45 age cohort dominated purchasing decisions — particularly ages 36–40 — pointing to career-mature, family-oriented buyers motivated by stability and lifestyle rather than speculation.

By The Numbers
Total investors 193,100
New investors 129,600
Investor growth +24% YoY
Top buyer cohort 36–40 yrs
Top Buyer Nationalities
1
India
2
United Kingdom
3
Russia
4
China
5
Pakistan
6
United States
Rising
07Rental Market

Yields remain among the strongest of any global city

Rents grew 11.1% in 2025 — a healthy moderation from 2024's 13–15% pace, as supply from 2022–23 off-plan completions absorbed some pressure while sustained in-migration held demand firm.

Apartment yield (mid-market) 7–8%
Annual rental growth, 2025 +11.1%
Best apartment ROI 7.72% · Town Square
Best villa ROI 10.46% · DAMAC Lagoons
Average prime villa yield ~5%
08Luxury Real Estate

Dubai, the world's leading destination for HNWI capital

USD 63 billion in HNWI wealth flowed into Dubai in 2025 — up 46% — cementing a third consecutive year as the world's #1 destination for high-net-worth migration. Branded residences commanded a 25–30% premium over comparable non-branded stock, led by Cheval Collection's Dubai Islands debut.

Top Luxury Communities
1
Palm Jumeirah
AED 21.4B
2
Dubai Hills Estate
AED 2,517 psf
3
DAMAC Lagoons
10.46% ROI
4
MBR City
1,400–2,200 psf
5
Jumeirah Bay Island
AED 20M+ avg
At a Glance
HNWI wealth inflows USD 63B
Global wealth rank #1, 3rd year
Branded residence premium +25–30%
Dubai Hills Estate avg AED 2,517 psf
092026 Outlook

What follows a fifth record year

Capital

Institutional era beginning

Brookfield's Dubai Hills JV, announced May 2026, signals global asset managers establishing Dubai as a core MENA allocation.

Momentum

Q1 2026 already at AED 252B

A 31% YoY surge puts 2026 on track for a sixth consecutive record year, with growth normalising to a more sustainable pace.

Expansion

Dubai Islands, the next corridor

KAIA Residences, Cheval Residences and multiple hotel brands are already committed to the emirate's newest growth frontier.

Supply

Villa shortage deepens

Ground-level living demand continues to outpace supply, supporting 5–10% annual appreciation for quality villa communities through 2027.

Yield

Rental yields holding firm

Gross yields of 7–8% for apartments and 5–6% for villas remain among the highest of any major global city.

Access

Visa reform widens the pool

April 2026's removal of the AED 750K minimum for the 2-year investor visa brings studios and 1-beds in JVC, DSO and Arjan into residency eligibility.

Position yourself for a sixth record year

Speak with a RERA-licensed advisor about entering or growing a position in Dubai's record market.

Book a Consultation
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