Dubai’s real estate market set new records in 2024, with 180,900 transactions totaling AED 522.2 billion, a 30.2% increase from the previous year.
Key Trends
- Off-Plan Market Surge – 63% of all transactions were off-plan properties, growing 66% YoY.
- Luxury Real Estate Boom – 1,938 properties over AED 15 million were sold, including 40 super-prime deals exceeding AED 100 million.
- Growing Supply – Over 72,000 new residential units expected in 2025.
Market Drivers
- Investor Demand – Dubai remains a global real estate hotspot, attracting high-net-worth buyers.
- Infrastructure Growth – Etihad Rail and Metro Line expansions to improve connectivity and property values.
- Regulatory Stability – Transparent policies continue to drive foreign investment.
What’s Next?
- Market expected to stabilize with increasing supply.
- Luxury and off-plan segments remain key growth drivers.
- Infrastructure projects will boost long-term value.
Bottom Line
Dubai’s real estate market is expanding fast, with record transactions and sustained demand. 2025 will test how the market absorbs new supply while maintaining investor confidence.
