Dubai’s real estate sector continued its exceptional run in 2025, as November pushed sales volumes and values to new all-time highs. The month delivered 19,019 transactions, which marked a 30.9 per cent rise compared to last year. As a result, total deals for the year reached 197,263, surpassing the previous annual record with a month still remaining. Moreover, the sales value maintained strong upward pressure. After exceeding last year’s peak in October, the market added another AED64.7 billion in November, lifting the 2025 total to AED624.1 billion. Consequently, overall value climbed 49.6 per cent year on year.
Apartment sales continued to lead the surge, since 15,905 units changed hands for AED32.1 billion, reflecting a 37.4 per cent increase in volume. Although villa sales reached AED13.2 billion, the number of units sold slipped 6.6 per cent to 2,078. Commercial activity rose sharply with AED2.3 billion worth of transactions, while plot sales hit AED17.1 billion. Additionally, the average price per square foot grew 16.1 per cent to AED1,755.
Demand Shifts Toward Higher Value Segments
Market specialists noted that Dubai’s current performance reflects strengthening maturity as well as increasing global demand. Firas Al Msaddi stated, “What we’re seeing here isn’t momentum, this is the market maturity meeting global demand. When a market grows this aggressively and stays stable, it’s not speculation, it’s migration plus capital allocation.” He added that values are rising faster than volumes, which suggests firmer pricing and greater activity in upper-tier segments.
Off-plan sales strongly influenced November results, as first-time developer transactions reached 13,374 deals worth AED41.4 billion. Meanwhile, resales recorded 5,645 transactions with a combined value of AED23.3 billion. Over recent years, November’s performance has climbed steadily, moving from AED7.4 billion in 2020 to AED42.7 billion in 2024.
Leading Locations and Buyer Preferences
Key residential hubs continued to attract the most activity. Jumeirah Village Circle led with 1,426 transactions worth AED1.9 billion, followed by Wadi Al Safa 5 with 1,133 deals. Business Bay recorded 1,055 transactions, while Dubai South registered 903 and Mina Rashid followed closely with 899. Furthermore, the most expensive apartment sold in November was a unit at Jumeirah Residences Asora Bay for AED203 million. The highest-value villa transaction reached AED110 million on Palm Jumeirah.
Buyer preferences remained diversified. Properties between AED1 million and AED2 million made up the largest share at 37.03 per cent. Homes priced under AED1 million accounted for 24.85 per cent, while properties between AED2 million and AED3 million represented 16.66 per cent. In addition, units valued from AED3 million to AED5 million captured 12.79 per cent of activity, and homes above AED5 million held an 8.67 per cent share.
