"Dubai lands" 24 real estate projects worth 4.5 billion dirhams in the first half

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Dubai, August 3 / WAM / The real estate sector in the Emirate of Dubai continued to establish its position as one of the pillars of economic growth, recording a balanced performance and results that reflect the market durability and the diversity of its investment options, as the first half of 2025 witnessed the completion of 24 real estate projects worth 4.5 billion dirhams, according to the data of the Land and Property Department in Dubai.
This achievement comes in conjunction with the continuation of development work in 726 real estate projects under construction in various regions of the emirate, which reflects the market attractiveness to developers and investors alike, and enhances the pace of project delivery to keep pace with the increasing demand for residential and commercial real estate.

The real estate market in Dubai witnessed during the first half of the year the registration of 90,337 new real estate units, which is an indication of the continuous growth in the real estate market, and confirms the extent of developers responding to the needs of the market, especially in light of the increased demand for ready and sustainable projects that provide comprehensive living spaces.
During the same period, about 75,347 real estate units were sold at a total value of 151 billion dirhams, which shows the continuity of momentum in residential real estate actions, supported by the confidence of investors in market prospects in the long term.

In the same context, sales of villas recorded a remarkable performance, with the sale of 7,167 villas at a value exceeding 28 billion dirhams, indicating a thoughtful change in the directions of customers towards independent units and integrated residential communities.

As for the rental market, the total recorded lease contracts reached 465,738 rental contracts during the first half of 2025, compared to 462,657 contracts in the same period of 2024, recording a slight increase of less than 1%, which indicates a state of stability and stability in the sector, with support from government initiatives and programs that aim to encourage residents to shift from the rent To ownership, and promoting family and social stability in the emirate.

The value of rental contracts reached about 42 billion dirhams, an increase of 5% compared to the first half of 2024, while the new contracts witnessed a growth of 7%, after 232,928 contracts compared to 217,101 new contracts in the same period last year.

These figures confirm the pioneering position of Dubai in the real estate sector regionally and internationally, and also reflects the effectiveness of the organizational policies and legislation pursued by the Dubai Land and Property Department to stimulate investment, enhance transparency, and enable all groups of society to own real estate within a stimulating and stable environment.
The department continues, through its strategic initiatives and advanced digital efforts, to work to develop an integrated real estate system that keeps pace with the aspirations of individuals and investors, and supports the targets of Dubai Real Estate Sector Strategy 2033 aimed at making the emirate the best city in the quality of life and real estate investment.