Dubai’s real estate sector achieved an impressive milestone in the third quarter of 2025, with total property transactions reaching $36.2 billion (AED132.8 billion), marking a 60.8% year-on-year surge compared to the same period in 2023. The growth reflects the emirate’s sustained resilience, global appeal, and ability to attract both residents and investors.
Strong Performance Backed by Population Growth and Wealth Inflows
The market’s momentum is fueled by Dubai’s expanding population, which recently exceeded four million residents, creating opportunities across residential, commercial, and luxury property segments.
This surge aligns with the emirate’s Economic Agenda D33 and Urban Master Plan 2040, strategic initiatives aimed at fostering sustainable development and reinforcing Dubai’s status as a competitive global hub.
Rising Prices Highlight Robust Demand
Average property prices climbed by 17.4% year-on-year, reaching AED1,913 ($521) per square foot, compared to AED1,629 ($444) in Q3 2023. This upward trend demonstrates the market’s growing strength and consistent demand across all property types.
High-End Market Expands with Global Investors
Dubai’s reputation as a luxury destination continues to attract affluent buyers worldwide.
The city anticipates welcoming 9,800 new millionaires in 2025, further driving demand for exclusive developments in key areas such as Downtown Dubai and the highly anticipated “Billionaire Island.”
As a result, Dubai now ranks among the most active global markets for properties valued above $10 million.
Q3 2025 Key Market Insights
- Total Transactions: 52,853 property deals worth AED132.8bn ($36.2bn)
- Average Price per Sq. Ft.: AED1,913 ($521), up from AED1,629 ($444) in Q3 2023
- Apartment Sales: Led by popular areas such as Jumeirah Village Circle (JVC), Business Bay, and Dubai Marina
- Villas & Townhouses: Strong performance in Dubai Hills, Mohammed Bin Rashid City, and Damac Lagoons, with four-bedroom layouts leading demand
- Upcoming Supply: Over 81,000 new units scheduled for handover in 2025, with hotspots like JVC and Emaar Beachfront anticipated to absorb inventory efficiently
Dubai’s Global Real Estate Standing Strengthens
Beyond its growing population and transaction volumes, Dubai is steadily cementing its position as a leading international real estate hub.
Factors such as liquidity, robust demand for luxury properties, and steady inflows of international capital continue to elevate the emirate’s status on the global property stage.
Source: https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-hits-36-2bn-in-q3-2025-as-property-deals-surge-60-8