Key Takeaways
- Record-Setting Quarter: Q2 2025 posted the highest-ever sales value (AED 184B) and volume (53,118 transactions) in Dubai’s history.
- Unprecedented Growth: Sales value jumped 48.8% YoY and volume rose 22.8% YoY, far outpacing every prior Q2.
- Off-Plan Dominance: 1st Sale (primary market) accounted for 66% of both transaction value and volume.
- Price Appreciation: Average property price and price per sqft both hit new peaks—AED 1,633,944 and AED 1,607/sqft, up 6.1% YoY.
- Strong Demand Across Segments: Villas, plots, and apartments all contributed to growth, with luxury sales and affordable segments both active.
- Mortgage Surge: Mortgage transactions soared 48% YoY in count, but average loan value trended lower, signaling more end-user participation.
- Top-Selling Projects & Luxury Deals: Ultra-prime Jumeirah addresses dominated the most expensive sales; best-selling projects spanned both affordable and luxury sectors.
1. The Historic Milestone—Q2 2025 in Charts
- Q2 sales volume, 2014–2025: Highest in Dubai history
- Q2 sales value, 2014–2025: Surpassing all previous highs
2. Market Overview
| |
Q2 2025 |
QoQ |
YoY |
| Sales Volume |
AED 53,118 |
+16.8% |
+22.8% |
| Sales Value |
AED 184B |
+28.9% |
+48.8% |
| Avg Price/sqft |
AED 1,607 |
+2.8% |
+6.1% |
| Avg Price |
AED 1,633,944 |
+7.6% |
+7.6% |
- Sales value and transaction volume are at their highest in Dubai’s modern history.
- Momentum is market-wide: All major property types contributed to the surge.
3. Off-Plan vs. Resale
- Off-Plan/1st Sale: 66% of volume and value (35,389 transactions, AED 122.6B)
- Resale: 34% of volume and value (17,729 transactions, AED 61.5B)
- Off-plan remains the main engine of Dubai’s growth, but resale activity is robust with double-digit YoY increases.
4. Segment & Asset Class Breakdown
| Asset Type |
Volume |
Value |
QoQ |
YoY |
| Apartments |
40,453 |
AED 81.6B |
+22.7% |
+18.7% |
| Villas |
10,019 |
AED 66.5B |
-1.8% |
+38.3% |
| Commercial |
1,252 |
AED 3.6B |
+3.2% |
+12.5% |
| Plots |
1,384 |
AED 32.2B |
+27.1% |
+49% |
- Apartments: Largest by volume, consistent with Dubai’s urbanization story.
- Villas: Highest YoY value growth, driven by end-user and affluent buyer demand.
- Plots: Transaction value up 49% YoY—developers and investors are fueling the next wave.
5. Price Trends (2014–2025)
Average Price per Sqft:
- 2014–2021: Flat to declining, bottoming in 2021 (AED 958/sqft)
- 2025: AED 1,607/sqft (+68% from 2021 low, +6.1% YoY)
Average Property Price:
- 2021: AED 1.33M
- 2025: AED 1.63M
Key Insight:
The market has decisively broken above its previous cyclical peaks, with prices now at all-time highs after years of stagnation.
6. Price Change by Segment
| Segment |
Median Price |
YoY Change |
Since 2014 |
| 1st Sale Apt |
AED 1.3M |
-0.2% |
+39.7% |
| 1st Sale Plot |
AED 4.4M |
-5% |
+49.2% |
| 1st Sale Villa |
AED 3.8M |
+5.7% |
+22.6% |
| ReSale Apt |
AED 1.2M |
+0.4% |
+4.8% |
| ReSale Plot |
AED 6.9M |
-2.6% |
+32.4% |
| ReSale Villa |
AED 3.5M |
+6.8% |
+3.5% |
- Villas (primary & secondary) outperformed apartments for annual price growth.
- Plots and apartments delivered the best decade-long gains for early investors.
7. Demand Profile
By Price Range (excl. mortgage transactions):
- Below AED 1M: 26%
- AED 1–2M: 32%
- AED 2–3M: 17%
- AED 3–5M: 13%
- Above AED 5M: 12%
- Mass-market is active (58% of deals below AED 2M), but luxury and ultra-luxury sales (AED 3M+) remain vibrant.
8. Mortgage Market
- Transactions: 13,604 (+48.3% YoY)
- Value: AED 42.2B (-1.4% YoY)
Interpretation:
End-user and first-time buyer activity is surging, as banks support affordability at lower average loan sizes.
9. Top Transactions & Best-Selling Projects
Ultra-Luxury Apartment Sales:
- Peninsula Dubai Residences - Tower 1 (AED 170M, Jumeirah Second)
- Jumeirah Residences Asora Bay (AED 164M, Jumeirah First)
- BULGARI Lighthouse Dubai (AED 156M, Jumeirah Bay Island)
- Private Residences Dubai (AED 140M, Jumeirah Second)
- Aman Residences Dubai - Tower 1 (AED 126M, Jumeirah Second)
Best-Selling Projects by Segment:
(See previous section for full data table.)
- Top 1st Sale Apartment: Sobha Solis (712 units, AED 881M, Median AED 1.1M)
- Top 1st Sale Villa: Al Yelayiss 1 (2,227 units, AED 7.2B, Median AED 2.5M)
- Top Resale Apartment: Azizi Riviera (317 units, AED 267.5M, Median AED 685K)
- Top Resale Villa: Al Yelayiss 1 (600 units, AED 1.7B, Median AED 2.5M)
10. Expert Analysis & Market Outlook
What’s driving the boom?
- Demographics & migration: Global capital inflows, new resident visa pathways, and population growth are fueling demand.
- Investor confidence: Off-plan launches are oversubscribed and resale liquidity is robust.
- Developer innovation: Top brands are launching differentiated products, capturing both international and local buyers.
Risks & Counterpoints:
- Affordability: Rapid price gains could limit access for mid-income buyers.
- Interest rates: Any global monetary tightening could test leverage-heavy segments.
- Supply: Construction pipeline remains healthy, but any delivery delays could further stoke prices.
11. Recommendations
For Investors:
- Focus on off-plan launches in prime and emerging areas for maximum upside, but don’t ignore established resale communities for stability and liquidity.
- Diversify exposure: balance luxury bets with yield-generating mid-market units.
For End-Users:
- Buy sooner in established or undersupplied communities. Rising prices and limited inventory may price out fence-sitters.
- Explore competitive mortgage options as banks chase market share.
For Developers:
- Continue launching high-quality, differentiated products—demand is there, but buyers are discerning.
- Transparency and timely delivery are your best tools for trust and premium pricing.
Final Word
Q2 2025 isn’t just another strong quarter—it’s a historic inflection point for Dubai real estate.
With record-breaking value, surging volumes, and rising prices across all asset classes, Dubai remains the global benchmark for property market resilience, ambition, and opportunity.