Dubai’s property market continues its record-breaking trajectory, with the first half of the year witnessing 98,603 transactions valued at AED327 billion (USD89 billion), according to a UAE-based real estate brokerage.
The value of sales in the first half rose by 40% year-on-year, driven by the strongest quarterly performance on record—53,118 transactions amounting to AED184 billion in Q2, according to a market update issued by fäm Properties on 2 July.
The Q2 sales value was 25% higher than the previous record of AED147.2 billion set in Q4 2024, while the volume of transactions grew by 5.39% compared to the earlier high of 50,400 deals recorded in Q3 last year.
Data from DXBinteract indicates growth across all real estate segments in Q2, with plot sales leading the way—AED32.2 billion from 1,384 transactions, representing a 49% increase in volume from Q2 2024 and a 27.1% rise from Q1 2025.
A total of 10,019 villa sales worth AED66.5 billion marked a 38.3% increase in volume compared with the same period last year, while apartment transactions worth AED81.6 billion rose by 18.7% year-on-year and 22.7% quarter-on-quarter.
Commercial sales also witnessed growth, reaching AED3.6 billion across 1,252 transactions—up 12.5% in volume from the corresponding period in 2024, fäm Properties noted in its update.
Rising property values in recent years were underscored by a median price of AED1,607 per square foot, up from AED958 in Q2 2021, AED1,151 in 2022, AED1,339 in 2023, and AED1,514 in 2024.
“These figures once again demonstrate the consistent strength and resilience of Dubai’s real estate sector,” said Firas Al Msaddi, CEO of fäm Properties. “Dubai’s sustained growth continues to position it as a prime destination for property investment, with international interest growing alongside strong local and regional demand,” he added.
Over the past five years, Dubai’s Q2 property sales have risen from AED10.8 billion (5,400 transactions) in 2020 to AED36.6 billion (15,400) in 2021, AED58.2 billion (22,100) in 2022, AED90.5 billion (31,100) in 2023, and AED123.9 billion (43,400) in 2024.
According to fäm Properties, the top-performing area in terms of overall value was Me’Aisem Second, which recorded total sales of AED14.94 billion from 844 transactions.