Dubai Real Estate Sets Record with 50,000 Homes Sold in a Single Quarter

  • Jul 14,2025

Dubai’s property market has achieved a historic milestone, surpassing 50,000 homes sold in the second quarter of 2025. With over 51,000 residential transactions recorded, this marks the highest quarterly sales figure in the emirate’s history. The first half of the year alone saw more than 94,000 homes sold, generating an impressive AED 268 billion in value—up 41% compared to the same period last year.

A major driver of this growth has been the dominance of off-plan sales, which accounted for nearly 70% of Q2 transactions. The luxury segment also reached new heights, with properties priced above USD 10 million achieving sales worth AED 9.5 billion. Interestingly, high-end apartments outpaced villas in this category for the first time in two years, with 80 apartments sold compared to 63 villas.

Property prices continued their upward momentum, with average rates rising 3.4% in Q2 to AED 1,809 per square foot—now standing 21.6% above the previous 2014 peak. Villas performed particularly well, recording a 16% annual price jump, while prime areas such as Palm Jumeirah and Emirates Hills averaged AED 3,850 per square foot, also reflecting a 16% year-on-year increase.

Another positive sign for market stability is the shift towards long-term ownership. Resale activity within 12 months of purchase has dropped to just 4–5%, compared to 25% during the 2008 boom, suggesting reduced speculative flipping. Experts predict continued momentum in the second half of 2025, with mainstream property prices expected to rise by around 8% and prime properties by about 5%.

Supporting this outlook are new government initiatives, including a “first home” scheme aimed at younger buyers and first-time residents. These measures are expected to broaden the buyer base, encourage sustainable growth, and potentially set the stage for even higher records in the near future.

Source: Arabian Business

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