Amid a population boom, real estate transactions in Dubai hit a record AED 66.8 billion (USD 18.2 billion), a startling 44% increase from a year earlier.
According to Property Finder, the primary ready segment of the market, one of the main growth drivers, saw total sales quadruple to AED 17.9 billion in May 2025. Meanwhile, the secondary ready segment recorded AED 24 billion in sales, representing a 21% increase in value year-over-year.
While total secondary sales increased by 23% to reach a new record of AED 29 billion, the value of primary ready and off-plan sales increased by 65% to AED 37 billion. The most recent data shows a robust market sentiment and ongoing demand for real estate in Dubai.
According to Property Finder, there is a high demand for housing in Dubai due to the recent large influx of new residents and tourists.
“With the remarkable growth in population this year, welcoming nearly 1,000 new residents each day – double last year’s daily visitor arrivals, demand for housing is poised to reach peak levels,” Cherif Sleiman, Chief Revenue Officer at Property Finder said.
“Against this backdrop, the real estate market is enjoying positive momentum, fuelled by digital transformation, international investor appetite and a surge in demand for premium living,” he added.
Meanwhile, according to a report by international property consultancy Knight Frank, a substantial USD 103 billion in private capital is expected to flow into Dubai’s residential real estate sector, demonstrating the strength of the real estate market.
Based on information gathered from 387 high-net-worth individuals (HNWIs) in East Asia, Saudi Arabia, the United Kingdom, and India, the report reveals that international investors are increasingly interested in Dubai’s booming real estate market.
As the demand for homes from the world’s elite continues to heat up, Dubai’s real estate market continued to grow in 2024, with values and rents reaching all-time highs and the total value of transactions across all sectors surpassing USD 207 billion, according to the report done in collaboration with YouGov.