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Dubai Property Sales Reach Record $12.6 Billion in October

The Dubai property market experienced a remarkable surge in October 2025, achieving AED 46.26 billion (approximately $12.6 billion) in residential and commercial transactions. This impressive performance, outlined in the latest report from Springfield Properties, illustrates the city’s unwavering appeal to investors and homeowners. As off-plan deals soared to represent 71.4% of the total transactions, it’s clear that the sector is thriving, driven by both population growth and strategic infrastructure initiatives.

According to the data, the Dubai property market maintained its strong momentum, highlighting a total of 18,232 transactions in October alone. This robust activity underscores the factors contributing to the city’s real estate boom, including an expanding population, enhanced Golden Visa incentives, and ongoing investments in infrastructure. These elements work synergistically to fortify Dubai’s position as a leading contender in the global property market.

Resilient Real Estate Landscape

Farooq Syed, CEO of Springfield Properties, remarked, “Crossing AED 46 billion in transaction value this month reinforces Dubai’s position as one of the world’s most resilient and desirable real estate markets.” He noted that the momentum is increasingly supported by a balanced blend of end-user demand and enduring confidence from long-term investors.

“The market has matured — price growth remains measured, supply pipelines are strategic, and buyer activity is diversified across both emerging and established communities,” Syed added, emphasizing the stability and potential of Dubai’s property sector.

Growing Residential Demand

Residential activity in Dubai was primarily driven by mid-market and family-oriented developments, supported by a year-on-year population growth rate of 4.47%. Off-plan apartments averaged AED 2,024 ($551) per square foot, while ready apartments were slightly lower at AED 1,715 ($467) per square foot.

In addition to the burgeoning demand for apartments, interest in villas and townhouses has also surged, with prospective buyers increasingly prioritizing livability and thoughtful design in their property selections.

Commercial Sector Stability

The commercial real estate segment maintained a steady trajectory, particularly in high-demand areas like Business Bay, DIFC, and One Central. The performance of Grade A office spaces reflects a stable leasing and investment climate. Moreover, locations such as Jebel Ali and Dubai South showcased strong growth in warehouses and logistics facilities, benefiting from the city’s burgeoning status as a regional trade and e-commerce hub.

Syed echoed this sentiment, stating, “The data shows a market that’s expanding in both depth and direction. Developers are becoming more selective, aligning supply with affordability and lifestyle needs. This equilibrium is what ensures Dubai’s continued global appeal; a market built on fundamentals, not speculation.”

Robust Rental Market

October also witnessed sustained rental activity, with 48,568 units leased and a total rental value of AED 4.37 billion ($1.19 billion). Prime villa communities such as Al Barari and Mohammed Bin Rashid City led the rental growth, while mid-market areas like Jumeirah Village Circle (JVC) and Dubai Hills Estate displayed consistent absorption rates paired with attractive yields.

As the population surpasses 3.8 million residents and Dubai approaches its busiest quarter of the year, analysts anticipate continued absorption across both residential and commercial segments through the end of 2025. The city’s reputation for transparency and opportunity solidifies its status as one of the world’s most alluring property markets.

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