Dubai Real Estate Market Report — July, 2025

Dubai Real Estate Market Report – July 2025

In July 2025, Dubai's property market produced its strongest July on record, ending the month with 20,283 transactions worth AED 65.02 billion across every property type, at a blended median of AED 1,654/sqft. Pared to the apartment, villa and commercial core, the market registered 19,883 deals worth AED 53.36 billion, up +25% and +26% respectively on July 2024.

Both headline figures broke records: this was the highest-volume and highest-value July across the market's 12-year series. Equally revealing, the momentum was broad rather than concentrated — apartments carried much of the weight, but every core category logged its best-ever July turnover.

Headline figures

Year-on-year performance by category

Apartments powered the expansion. The segment posted 16,246 transactions, up +28% year on year and 3,542 deals above last July, marking the highest July apartment volume in the series. Value rose faster yet, up +37% to AED 32.24 billion. The median price hit AED 1,737/sqft — likewise a July record, up +8% over the year and +58% against the 2014 base — while the median apartment ticket slipped -2% to AED 1,286,000. That split rewards careful reading: value per square foot, the cleaner measure, rose distinctly, so the softer ticket mirrors the size and type of units trading rather than any erosion in underlying prices.

Villas offered a quieter tale on volume but a louder one on price. Transactions grew a relatively modest +7% to 3,030 — only 193 above a year earlier, yet still a July high for the series — and value added +8% to AED 19.62 billion. Appreciation is where villas shine: the median price of AED 1,528/sqft is up +16% year on year and a striking +107% over 2014, while the median villa ticket leapt +32% to AED 5,202,944, a far bigger move than apartments or commercial managed.

Commercial property was the market's fastest-growing core segment, albeit its smallest. Just 607 deals changed hands, but that marked a +58% year-on-year rise — 223 above last July — and value surged +75% to AED 1.50 billion. Pricing matched the pace: at AED 1,668/sqft the median was up +36% over the year and +47% against 2014, while the median commercial ticket climbed +18% to AED 1,691,582. As with its residential peers, the segment set a July volume record for the series.

Every category, including plots and buildings

The distance between the headline and the core figures is almost all land. A mere 394 plot transactions carried AED 11.65 billion in value — the third-largest value pool of any property type, trailing apartments and villas — at a median AED 576/sqft but a median ticket of AED 7,675,000, the highest of any category in the market. Building sales, by contrast, were negligible: six transactions worth AED 3.53 million all told.

Primary versus resale

New-build sales kept their grip on the market. Primary transactions made up 73% of core activity — 14,442 deals worth AED 38.84 billion — versus 5,441 resale transactions worth AED 14.52 billion, or 27% of the market. Tellingly, resale's value share equalled its volume share precisely at 27%, meaning secondary-market deals traded at broadly the same average size as the market as a whole, with no visible premium or discount on completed stock.

Where the activity was

Activity concentrated in Dubai's newer master-planned districts. Wadi Al Safa 3 led on value with AED 5.75 billion, comfortably ahead of Business Bay (AED 2.88 billion), Dubai Investment Park Second (AED 2.82 billion), Marsa Dubai (AED 2.22 billion) and Bukadra (AED 2.03 billion). By deal count the order shifts toward high-turnover apartment hubs: Al Barsha South Fourth headed the table with 1,844 transactions, ahead of Business Bay (1,426) and Wadi Al Safa 3 (1,204). Business Bay, Wadi Al Safa 3, Dubai Investment Park Second and Bukadra feature on both lists, marking them as the month's true centres of gravity.

Rental market

The leasing market mirrored the sales strength, with rents climbing across every segment. New apartment contracts totalled 12,649 (up +6.31% year on year) at a median AED 71,000, while renewals were both more plentiful, at 15,377 (+8.26%), and cheaper, at a median AED 59,000 — the familiar payoff for staying put. Villas showed the briskest growth in new leasing, up +15.75% to 1,926 contracts at a median AED 187,992. Commercial rents rose quickest per square foot: new commercial leases reached AED 129/sqft, up +17.27%, with renewal rents per foot up +16.87%.

Supply

On the supply front, developers kept launching well in excess of delivery. Roughly 10,280 units were launched across 41 projects over the month, versus 2,362 units delivered from 11 completed projects — a launch-to-delivery ratio of 4.4 and a net addition of 7,918 more units launched than handed over. That pipeline signals sustained future supply, yet it also widens the gulf between what is sold off-plan today and what is physically ready to occupy.

Launched

• Avant Garde Residences Ii By Skyline – Al Barsha South Fourth (Skyline Builders), 223 units
• Samha Residence 2 – Al Barsha South Fourth (Samha), 175 units
• Aero 1 – Dubai South (Bithaus), 48 units
• Sunset Bay Five By Imtiaz – Dubai Islands (Imtiaz), 62 units
• Arib Collection – Wadi Al Safa 5 (Arib), 49 units
• Talea – Madinat Dubai Almelaheyah (Beyond), 354 units
• Zenith Residences – Warsan Fourth (Amber Developments), 267 units
• Nad Al Sheba Gardens Phase 8 & 9 – Nad Al Sheba First (Meraas), 201 units
• Binghatti Circle – Al Barsha South Fourth (Binghatti), 822 units
• Al Waleed W.S 1 – Wadi Al Safa 5 (Al Waleed), 151 units
• Beach Walk Grand 2 By Imtiaz – Dubai Islands (Imtiaz), 108 units
• Vivanti Residences By Meteora – Al Barsha South Fourth (Meteora), 476 units
• Nad Al Sheba Gardens Phase 10 – Nad Al Sheba First (Meraas), 201 units
• Gate Royale Residences – Jabal Ali First (Baron Development), 61 units
• Vistara House 2 – Jabal Ali First (Object One), 82 units
• Grand Polo - Selvara 4 – Dubai Investment Park Second (Emaar), 173 units
• Antalya By Karma – Al Hebiah Fourth (Karma Realty), 192 units
• Passo By Beyond - Tower B – Palm Jumeirah (Beyond), 625 units
• Livel Residenza – Al Barsha South Fourth (Vantage), 137 units
• Jumeirah Residences Emirates Tower B – Trade Center Second (Meraas), 754 units
• Arka Enclave Residences – Dubai Islands (Manodev), 140 units
• Elevia Residences – Warsan Fourth (Valores), 106 units
• Mangrove 2 – Wadi Al Safa 3 (Mizin), 18 units
• Damac Hills - Ivory – Al Hebiah Third (Damac), 57 units
• Azizi Milan 28 – Wadi Al Safa 4 (Azizi), 629 units
• Volante 2 – Business Bay (Xtreme Vision), 61 units
• The Hillgate - Tower B – Nadd Hessa (Ellington), 356 units
• Azizi Milan 55 – Wadi Al Safa 4 (Azizi), 465 units
• Grand Polo - Selvara 3 – Dubai Investment Park Second (Emaar), 138 units
• Samana Barari Avenue – Wadi Al Safa 3 (Samana), 349 units
• Villea West – Al Satwa (Palmridge), 229 units
• Marquis Vista – Wadi Al Safa 5 (Marquis Point), 129 units
• The Weave – Al Barsha South Fourth (Weave), 130 units
• Lumena By Omniyat – Business Bay (Omniyat), 320 units
• Avenew888 - Modo – Dubai South (Avenew), 224 units
• Villa Del Gavi Residences – Dubai Islands (Mr Eight), 87 units
• Wynwood By Imtiaz – Dubai Islands (Imtiaz), 146 units
• Berkeley Square By Prestige One – Al Barsha South Fourth (Prestige One), 241 units
• Voxa Residences – Al Barsha South Fifth (Pantheon), 614 units
• Baystar By Vida Tower 2 – Madinat Dubai Almelaheyah (Emaar), 319 units
• Kensington Gardens – Wadi Al Safa 5 (Leos), 361 units

Delivered

• Park Field Tower 2 – Hadaeq Sheikh Mohammed Bin Rashid (Emaar), 306 units
• Ellington House – Hadaeq Sheikh Mohammed Bin Rashid (Ellington), 150 units
• Pearls By Vision – Nadd Hessa (Vision Developments), 114 units
• Pearl House I By Imtiaz – Al Barsha South Fourth (Imtiaz), 185 units
• Azizi Riviera Azure – Al Merkadh (Azizi), 137 units
• The Haven - Tower B – Wadi Al Safa 3 (Meraki Developers), 162 units
• Arabian Ranches Lll - June – Wadi Al Safa 5 (Emaar), 183 units
• Viridian – Al Wasl (Meraas), 132 units
• The Valley - Orania – Al Yufrah 1 (Emaar), 308 units
• Damac Lagoons - Santorini (1) – Al Hebiah Fifth (Damac), 459 units
• La Violeta 2 – Wadi Al Safa 5 (Dubai Properties), 226 units

Most expensive sales

Top apartment sales

1. AED 173,640,867 – Aman Residences Tower 1, Jumeirah Second
2. AED 65,405,073 – Peninsula Dubai Residences - Tower 1, Jumeirah Second
3. AED 64,000,000 – Balqis Residence - Beach Villas, Palm Jumeirah
4. AED 39,542,555 – Peninsula Dubai Residences - Tower 2, Jumeirah Second
5. AED 31,315,200 – The Alba Resort Residences, Palm Jumeirah

Top villa sales

1. AED 250,000,000 – Jumeirah Second
2. AED 80,000,000 – Wadi Al Safa 3
3. AED 64,849,875 – Bukadra
4. AED 64,500,000 – Palm Jumeirah
5. AED 60,230,000 – Ghadeer Al Tair

Notes on methodology

Scope. Headline totals and the category table span every property category captured in the data, Plot and Building included. The primary/resale breakdown, top-area rankings and the year-on-year series count Apartment, Villa and Commercial alone, so those numbers are intentionally smaller than the headline and should not be summed across sections.

Rounding. The headline totals are the definitive rounded figures. Category-level breakdowns are rounded on their own and may not add up precisely to the headline.

Definitions. Price figures are medians rather than averages. Year-on-year sets the period against the same period twelve months prior. All values are in AED; areas in square feet.