Dubai’s real estate sector has reached an unprecedented milestone, cementing its status as a global powerhouse for property investment. According to the latest data for 2025, the market has officially surpassed all previous annual records, with total sales transactions hitting a staggering AED 624.1 billion ($170 billion)—and there is still one month left in the year.
This surge represents a 49.6% year-on-year increase in value, highlighting a period of extraordinary growth and global capital migration into the emirate.
A Record-Breaking Year for Dubai Real Estate
The 2025 performance has eclipsed the previous record set in 2024 (AED 522.1 billion) as early as October. By the end of November, the momentum showed no signs of slowing down:
Total Transactions: 197,263 deals recorded so far in 2025, surpassing the 2024 full-year high of 180,900.
November Performance: A lone contribution of AED 64.7 billion from 19,019 transactions—a 30.9% rise in volume compared to November last year.
Price Appreciation: The average price per square foot has climbed 16.1% to reach AED 1,755, signaling strong upward pressure on valuations.
The Market Drivers
The record-breaking year has been fueled largely by the off-plan segment, which continues to dominate investor interest. In November alone, first-time developer transactions accounted for 13,374 deals worth AED 41.4 billion.
Apartments remain the primary engine of growth, with sales volumes jumping 37.4% in November. Meanwhile, the luxury segment continues to grab headlines with eye-watering individual sales, including:
– A penthouse at Bugatti Residences sold for AED 550 million.
-A plot on Palm Jumeirah fetched AED 365 million.
Diverse Investor Base
The market remains accessible across various price points, ensuring a healthy mix of investors:
AED 1M – 2M: The most active segment, accounting for 37% of transactions.
Below AED 1M: Roughly 25% of the market.
Luxury (Above AED 5M): Now accounts for nearly 9% of all sales.
As the city continues to attract global talent and capital, the 2025 record stands as a testament to Dubai’s enduring appeal as a safe haven and a high-yield destination for property owners worldwide.
