Dubai Real Estate Market Report — December, 2025

Dubai Real Estate Market Report – December 2025

2025 closed with Dubai's property market posting its best December ever. The month registered 18,666 transactions worth AED 63.35 billion across all property types, with the all-property total setting series records for both volume and value. Excluding plots and buildings, the Apartment-Villa-Commercial core alone delivered 18,274 deals (up 24% year on year) and AED 47.48 billion in value (up 36%).

The median settled at AED 1,807 per square foot; the headline reflected breadth reinforced by price, with volume, value and pricing all advancing together and apartments supplying most of the lift.

Headline figures

Year-on-year performance by category

Apartments powered the expansion. The segment recorded 15,162 transactions, a 28% year-on-year rise and roughly 3,277 more deals than the previous December — the strongest December volume in the 12-year series. Value grew 38% to AED 29.52 billion, while the median held at AED 1,807 per square foot, up 10% on the year and 47% above the 2014 base, itself the highest December price per square foot on record. The median apartment ticket rose modestly, up 4% to AED 1,251,000, indicating volume rather than a shift toward costlier stock drove the gain.

Commercial was this year's standout. Deal numbers more than doubled to 728 (up 118%), and value soared 194% to AED 2.66 billion from a small starting base. At AED 2,351 per square foot — up 42% year on year — commercial commanded the highest price per square foot among the three core categories, and the segment achieved both the strongest December volume and the strongest December price per square foot in the series. Its median ticket climbed 30% to AED 2,201,096.

Villas alone among the core categories lost ground on volume. Transactions declined 7% to 2,384, roughly 169 fewer than a year before. Even so, pricing stayed firm: value still gained 21% to AED 15.30 billion, the median climbed to AED 1,787 per square foot (up 23% year on year and 113% above 2014, a fresh December high), and the median villa ticket rose 26% to AED 3,811,888. The pattern was fewer deals, but at markedly higher value. Apartments and Commercial each achieved a December volume record and a December price-per-square-foot record, and all three core categories reached December highs for price per square foot.

Every category, including plots and buildings

Outside the core categories, plots carried real weight in December: only 384 transactions, but AED 15.86 billion in value — second only to apartments among all property types — and the largest median ticket of any category, at AED 8,000,000. Buildings were a minor line item, with 8 deals worth AED 6.91 million.

Primary versus resale

Off-plan sales kept their dominant position. Primary transactions made up 73% of volume and 69% of value — 13,335 deals worth AED 32.87 billion. Resale supplied the remaining 27% of volume but a marginally greater 31% of value (4,939 deals, AED 14.61 billion), a 4-point gap that mirrors resale's lean toward pricier, completed properties.

Where the activity was

Buying activity was concentrated in a small set of districts. By value, Dubai Investment Park Second led at AED 4.25 billion, narrowly ahead of Business Bay at AED 4.16 billion, with Wadi Al Safa 3 (AED 2.11 billion), Marsa Dubai (AED 1.91 billion) and Al Barsha South Fourth (AED 1.90 billion) completing the top five. By volume, Wadi Al Safa 3 led with 1,683 transactions, ahead of Al Barsha South Fourth (1,546), Dubai Investment Park Second (1,301), Business Bay (1,151) and Dubai South (993). Four districts — Dubai Investment Park Second, Business Bay, Wadi Al Safa 3 and Al Barsha South Fourth — appear on both lists, cementing their status as the month's hubs of both deal count and capital.

Rental market

Rental activity firmed across the board. New apartment leases climbed 15.74% to 12,363 contracts at a median AED 75,000 (up 10.29%), while renewals rose 14.27% to 15,415 at AED 58,000. New villa leases increased fastest by count, up 32.09% to 1,564, although villa rent growth was modest (new median AED 180,000, up 2.86%). Commercial leasing led on pricing: new-lease median rent surged 20.92% to AED 133,008 and rent per square foot climbed 21.30% to AED 131. Every rental category, new and renewed alike, saw both contract counts and rents rise year on year.

Supply

Developers kept building momentum in the pipeline. December saw 13,205 units launched across 48 projects against 3,349 units delivered across 12 — a launch-to-delivery ratio of 3.9 and a net of 9,856 more units launched than delivered, continuing the supply build-up that has supported the off-plan market throughout the year.

Launched

• Nest – Warsan Fourth (Andi), 112 units
• City Walk Crestlane 4 Building B – Al Wasl (Meraas), 204 units
• Zyra Hills – Warsan Fourth (Laraix), 81 units
• Vincitore Wellness Estate - Tower B – Wadi Al Safa 3 (Vincitore), 753 units
• Damac Islands 2 - Tahiti 2 – Al Yelayiss 1 (Damac), 484 units
• Damac Islands 2 - Maui – Al Yelayiss 1 (Damac), 434 units
• Silviana Park Living – Al Barsha South Fifth (Object One), 83 units
• Ahs Tower – Trade Center Second (Ahs Properties), 83 units
• Greenfield By Samana Developers – Warsan Fourth (Samana), 310 units
• Building D – Marsa Dubai (Shamal Holding), 125 units
• Evelyn On The Park – Al Yelayiss 2 (Nshama), 259 units
• Sports View Residence 2 By Al Helal Al Zahaby – Warsan Fourth (Al Helal Al Zahaby), 128 units
• Binghatti Hillcrest – Al Barsha South 3 (Binghatti), 396 units
• Celia Homes – Wadi Al Safa 5 (Abou Eid), 207 units
• Barari Palace – Wadi Al Safa 3 (Maz Developers), 225 units
• Khk 31 – Wadi Al Safa 5 (Khk), 160 units
• Astra Residences – Dubai South (Dugasta), 108 units
• Damac Islands 2 - Barbados 2 – Al Yelayiss 1 (Damac), 362 units
• Mareva 2 The Oasis – Me'Aisem Second (Emaar), 346 units
• Waada - Cascada 2 – Dubai South (Bt Properties), 249 units
• Samana Hills South 3 – Saih Shuaib 2 (Samana), 147 units
• Binghatti Cullinan – Al Jaddaf (Binghatti), 643 units
• Mareva The Oasis – Me'Aisem Second (Emaar), 311 units
• Kingdom Gate – Jabal Ali First (Mag), 86 units
• Lusin Residences By Ermax Development – Al Warsan First (Ermax), 57 units
• Binghatti Vintage – Wadi Al Safa 3 (Binghatti), 1,572 units
• Sobha Skyparks – Business Bay (Sobha), 684 units
• J188 – Al Jaddaf (Jad Global), 131 units
• Ryze By Aum – Al Warsan First (Aum One), 93 units
• Cascade Ville – Al Jaddaf (Dheeraj & East Coast), 54 units
• Yigo26 – Al Warsan First (Yangtze International), 190 units
• Le Blanc Residence By Imtiaz – Wadi Al Safa 5 (Imtiaz), 323 units
• Allegro Park By Mill Hill Riveria Development – Dubai Islands (Mill Hill Riviera), 52 units
• Hado By Beyond Tower C – Dubai Islands (Beyond), 692 units
• Damac Islands 2 - Barbados 1 – Al Yelayiss 1 (Damac), 382 units
• Blossom 40 – Wadi Al Safa 3 (Tranquil Infra), 66 units
• Fior 1 – Madinat Dubai Almelaheyah (Emaar), 184 units
• Lateral One – Wadi Al Safa 5 (Grand Signature), 40 units
• Liora – Dubai Islands (Jaiedco), 56 units
• Damac Islands 2 - Tahiti 1 – Al Yelayiss 1 (Damac), 306 units
• Interstellar Tower – Al Barsha South Fifth (Boujee), 341 units
• Golf Terrace Residences By Asak – Me'Aisem First (Asak), 105 units
• Palace Residences Hillside B – Hadaeq Sheikh Mohammed Bin Rashid (Emaar), 287 units
• Windsor House - Podium – Dubai South (Ellington), 10 units
• City Walk Crestlane 5 Building B – Al Wasl (Meraas), 161 units
• Damac Islands 2 - Cuba – Al Yelayiss 1 (Damac), 544 units
• Damac Islands 2 - Bermuda – Al Yelayiss 1 (Damac), 469 units
• Crystal Tower – Al Warsan First (Vhs), 110 units

Delivered

• Arabian Ranches Lll - Raya – Wadi Al Safa 5 (Emaar), 240 units
• Joya Dorado Residence – Al Barsha South 3 (Green Yard), 422 units
• Nad Al Sheba Gardens Phase 2 – Nad Al Sheba First (Meraas), 215 units
• Jumeirah Living Business Bay – Business Bay (Select Group), 82 units
• Glorious Central Residences – Warsan Fourth (Glorious Future), 151 units
• Marwa Homes Iv – Al Barsha South Fourth (New World), 12 units
• Eden House The Canal – Jumeirah Second (H&H), 109 units
• The Hamilton – Al Yelayiss 2 (Nshama), 242 units
• Azizi Riviera Beachfront - Tower C – Al Merkadh (Azizi), 1,219 units
• Avelon Boulevard – Al Barsha South 3 (Avelon), 136 units
• Riva Residence – Madinat Dubai Almelaheyah (Vakson), 252 units
• Arabian Ranches Lll - Bliss 2 – Wadi Al Safa 5 (Emaar), 269 units

Most expensive sales

Top apartment sales

1. AED 144,764,122 – Aman Residences Tower 1, Jumeirah Second
2. AED 115,500,000 – Jumeirah Residences Asora Bay, Jumeirah First
3. AED 99,653,000 – Solaya 3, Jumeirah First
4. AED 54,563,000 – Solaya 6, Jumeirah First
5. AED 40,200,000 – Peninsula Dubai Residences - Tower 2, Jumeirah Second

Top villa sales

1. AED 233,500,000 – Emirates Living
2. AED 120,000,000 – Hadaeq Sheikh Mohammed Bin Rashid
3. AED 72,000,000 – Nad Al Sheba First
4. AED 57,500,000 – Wadi Al Safa 3
5. AED 49,000,000 – Palm Jumeirah

Notes on methodology

Scope. The headline totals and category table draw on every property category present in the data, including Plot and Building. The primary/resale split, top-area rankings and year-on-year series relate to Apartment, Villa and Commercial only, so those figures are deliberately smaller than the headline and should not be summed across sections.

Rounding. The headline totals stand as the authoritative rounded figures. Category-level breakdowns are rounded separately and may not sum exactly to the headline.

Definitions. Price figures represent medians, not averages. Year-on-year sets the period against the same period a year prior. All values are in AED; areas are in square feet.