Dubai Real Estate Sets New Half‑Year Record as Primary Sales Surge

Dubai, July 9, 2025 – Dubai’s property sector has achieved an unprecedented milestone, with 98,603 property transactions worth AED 326.7 billion during the first half of 2025 setting a historic high for any six‑month span 

Q2 Performance Smashes Records

• Q2 2025 delivered record-breaking results with 53,118 transactions totaling AED 184 billion, surpassing previous quarterly highs.
• This marks a 25% increase in value compared to the earlier Q4 2024 benchmark of AED 147.2 billion, and a 5.4% volume rise over Q3 2024 .

Sector Breakdown — Strong Across the Board

• Plot sales soared to AED 32.2 billion (1,384 transactions), up 49% YoY
• Villa sales totaled AED 66.5 billion, a 38.3% increase in volume from Q2 2024 .
• Apartment sales reached AED 81.6 billion (+18.7% YoY in volume) .
• Commercial property transactions hit AED 3.6 billion, with a 12.5% volume increase.

Off-Plan Market Dominates

Some 66% of transactions during H1 2025 were primary (developer‑led/off‑plan), signaling robust demand for new developments.

Surging Price Trends

The median price per square foot climbed to AED 1,607, up from AED 958 in 2021 and AED 1,514 in 2024, underscoring steady value appreciation.

Market analysts highlight rising investor confidence, pulse-driven planning, and strong infrastructure boosts — all reinforcing Dubai’s role as a preferred global real estate investment hub.

Market Outlook — Watch for Potential Correction

Despite current momentum, Fitch Ratings cautions that price growth could dip by up to 15% during late 2025 and into 2026 amid a surge of 210,000 new residential units entering the market .

Still, financial institutions and developers are reportedly well-capitalized, and infrastructure investment continues apace .

Summary Table

MetricH1 2025Total Transactions98,603Total ValueAED 326.7 billionQ2 Transactions53,118Q2 ValueAED 184 billionPrimary (Off‑Plan) Share66%Median Price per sq ftAED 1,607Fitch Forecast–15% potential price drop H2 2025–2026

Conclusion:

Dubai’s real estate market has achieved record-breaking momentum with bullish price and volume dynamics, but analysts are urging caution due to upcoming supply pressures. The spotlight now turns to how this rapid demand will reconcile with the wave of new supply on the horizon.