Arab News
Arab
News, Tue, Nov 04, 2025 | Jumada al-Awwal 13, 1447
Dubai property sales soar to record high of $152.32bn, report says
Emirates:
Dubai’s property market hit a new record in 2025,
with sales climbing to 559.4 billion dirhams ($152 billion) by October, already
surpassing the emirate’s previous full-year high, a new analysis showed.
According to data from real estate brokerage fam
Properties, Dubai registered 19,875 property transactions worth 59.4 billion
dirhams in October alone, bringing the total for the first ten months of 2025 to
178,244 deals.
The continued momentum reflects a broader trend
across the Gulf Cooperation Council, where property values and sales are rising
across residential, commercial, and hospitality segments, driven by ongoing
economic diversification efforts.
This sustained performance ensures that 2025 will
mark another milestone year for Dubai’s real estate sector, following 2024’s
record 180,900 transactions worth 522.1 billion dirhams.
Firas Al-Msaddi, CEO of fam Properties,
said: “The market overall is undeniably strong, and on a global scale, Dubai
remains one of the best real estate markets to invest in, whether as an end user
or investor.”
He added: “But it doesn’t mean every developer
will win just because the market is healthy. Nor does it mean investors can make
impulsive or uninformed decisions and expect success. The only consistent way to
win is by making well-informed, data-backed decisions, whether you’re an
individual investor or an institution.”
Citing data from DXB Interact, the report noted
that apartment sales dominated transactions in October, with 16,238 deals worth
31 billion dirhams — a 3.4 percent year-on-year increase in volume.
During the same month, villa sales totaled 15.5
billion dirhams, while land acquisitions amounted to 11 billion dirhams.
The sharpest year-on-year growth was recorded in
the commercial sector, with 689 transactions valued at 1.9 billion dirhams — a
61.7 percent rise compared with October 2024.
The report added that the average property price
increased by 6.7 percent year on year to 1,692 dirhams per square foot.
Off-plan sales from developers dominated activity
in October, accounting for 13,926 transactions worth 38.7 billion dirhams,
compared with 5,949 resales valued at 20.7 billion dirhams.
The most expensive property sold during the month
was a luxury villa in Jumeirah Second for 220 million dirhams, while the
priciest apartment fetched 155 million dirhams at Bulgari Lighthouse Dubai on
Island 2.