In a landmark achievement for the sector, Dubai real estate set a new annual record in 2025, with total sales soaring to AED624.1 billion. This robust growth reflects the city’s enduring appeal and the increasing demand for property, driven by both local and international investors. As Dubai continues to evolve into a global real estate hub, this year’s performance is a testament to the market’s resilience and potential.
Dubai’s real estate market extended its record run in 2025, with November pushing both sales volumes and values beyond last year’s full-year peaks, according to new data from fām Properties.
The firm’s latest market report shows that last month generated 19,019 transactions, a 30.9 percent year-on-year rise, taking total deals for the year to 197,263. This surpasses the previous annual high of 180,900 set in 2024, with one month still to go.
Sales value has also continued to climb. After 2024’s record AED522.1 billion was overtaken in October, a further AED64.7 billion worth of transactions in November lifted the 2025 total to AED624.1 billion, up 49.6 percent year on year.
Dubai real estate transactions set fresh records
Data from DXBinteract shows that apartment sales remained the main growth driver, with 15,905 units sold last month for AED32.1 billion, a 37.4 percent jump in volume. Villa sales totaled AED13.2 billion, although the number of units sold fell 6.6 percent to 2,078.
Commercial transactions rose sharply, with AED2.3 billion worth of deals, up 79.7 percent in volume, while plot sales reached AED17.1 billion, up 3.6 percent. The average price per square foot increased 16.1 percent to AED1,755.
Firas Al Msaddi, CEO of fām Properties, stated that current performance reflects both the maturity of the market and rising international interest. “What we’re seeing here isn’t momentum; this is the market maturity meeting global demand,” he said. “When a market grows this aggressively and stays stable, it’s not speculation; it’s migration plus capital allocation.”
He added that sales values are rising faster than volumes, indicating upward pressure on prices and growing activity in higher-value segments.
Off-plan sales continued to dominate in November, with first-time developer transactions accounting for 13,374 deals worth AED41.4 billion. Resales totaled 5,645 transactions with a value of AED23.3 billion.
The report highlights that November’s real estate market performance has grown sharply over recent years, rising from AED7.4 billion worth of sales in 2020 to AED18 billion in 2021, AED31 billion in 2022, AED42.5 billion in 2023, and AED42.7 billion in 2024.
Top areas lead November sales
The top-performing areas by transaction volume in November were Jumeirah Village Circle with 1,426 deals worth AED1.9 billion, Wadi Al Safa 5 with 1,133 transactions worth AED1.8 billion, Business Bay with 1,055 deals worth AED3.6 billion, Dubai South with 903 deals worth AED2.1 billion, and Mina Rashid with 899 sales worth AED3.1 billion.
The most expensive apartment sold last month was a unit at Jumeirah Residences Asora Bay for AED203 million. The highest value villa sale was an AED110 million property on Palm Jumeirah.
Properties priced between AED1 million and AED2 million accounted for the largest share of activity at 37.03 percent. Transactions below AED1 million made up 24.85 percent, while 16.66 percent of sales were priced between AED2 million and AED3 million.
Homes valued between AED3 million and AED5 million represented 12.79 percent of the market, with properties above AED5 million accounting for 8.67 percent.