In 290 days… Dubai real estate sales exceed the performance of all of 2024

Dubai real estate sales continued to achieve record numbers that reflect the continued momentum of the real estate market in the emirate, as real estate sales from the beginning of this year until yesterday (290 days) exceeded the total sales for the entire year 2024.

According to a monitoring by Emirates Today based on data from the Dubai Land Department, Dubai real estate sales have jumped since the beginning of this year to reach about 525.87 billion dirhams, while the total value of sales recorded in 2024 reached about 522.2 billion dirhams.

The data showed that 168.54 thousand sales transactions were executed since the beginning of this year until yesterday, compared to 180.86 thousand transactions during the past year 2024.

This strong performance is driven by the growth in demand for residential and luxury real estate, in addition to the continuation of supportive government initiatives and the stable economic environment in the emirate, which confirms the growing confidence of local and international investors in the real estate sector in the emirate.

The value of real estate mortgages since the beginning of this year amounted to about 140.66 billion dirhams through 33.78 thousand deals, while mortgages recorded about 187.27 billion dirhams through 35.885 thousand deals in 2024. As for donations, they recorded 42.73 billion dirhams through the implementation of 7,637 deals, compared to 51.28 billion dirhams through 9,372 deals during the past year. 2024.

The total value of real estate transactions in the emirate, from the beginning of this year until yesterday, amounted to about 709.26 billion dirhams, constituting 93.2% of the total transactions recorded last year, amounting to 760.73 billion dirhams.

Investor confidence

In addition, the CEO of Al-Andalus Real Estate Group, Saleh Tabbakh, confirmed that the record numbers achieved by the real estate sector in Dubai reflect the strength of the market and the confidence of local and international investors, noting that real estate sales since the beginning of this year have multiplied more than seven times compared to 2020.

He explained that this remarkable growth expresses the continuous momentum witnessed by Dubai over the past five years, as the value of sales increased from 69.8 billion dirhams in 2020 to more than 522.2 billion dirhams in 2024, while sales during 290 days of the current year exceeded the total sales of the entire last year.

Tabakh added that these indicators confirm the smooth path towards achieving the goal of the “Dubai Real Estate Strategy 2033” of reaching one trillion dirhams in the volume of real estate transactions, thanks to the clear government vision, the attractive legislative environment, and the integrated infrastructure that distinguishes Dubai from other cities in the world.

Tabakh expected the pace of growth to continue over the next year, with an increase in total sales ranging between 10 and 15%, driven by the expansion of foreign investments and the diversification of real estate products that meet different segments of buyers and investors.

Exceptional opportunities

In turn, the CEO of Abul Naga Real Estate Development Company, Mohammed Abul Naga, confirmed that the real estate market in Dubai achieved exceptional growth in 2025, with a strong performance that reflects Dubai’s continued attraction to investors thanks to its unique real estate projects, flexible payment plans, and high rental returns.

He stressed that luxury and sustainable projects were among the main factors that contributed to this growth, in addition to government initiatives such as the Golden Residency Program that boosted demand locally and globally.

Abul Naga pointed out that the market still offers exceptional and diverse investment opportunities in ready properties and projects under construction in distinct locations, stressing that Dubai will remain one of the most prominent global real estate markets.

He said, “The real estate market in Dubai breaking the records achieved in 2024 was not surprising, but rather a result of the great development and maturity of the market, supported by strong economic and social factors.”

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14.64 billion dirhams weekly transactions

Last week, real estate transactions in Dubai recorded about 14.64 billion dirhams, after implementing 5,494 deals, which included sales worth 10.82 billion dirhams. The weekly real estate sales were divided into 3,679 sales of residential units, 363 sales of buildings, and 259 sales of lands, for a total of 4,301 transactions. Mortgages recorded about 1,001 transactions, with a value of 3.05 billion dirhams, distributed as 636 sales of residential units, 161 sales of buildings, and 204 sales of land, while the value of gifts amounted to about 770.4 million dirhams, with 192 transactions, distributed as 142 transactions for residential units, 11 for buildings, and 39 transactions. For lands. The “Business Bay” area came in the lead in terms of the value of real estate sales with 648 million dirhams, followed by “Dubai Investment Park II” with about 498.02 million dirhams, “Al-Yafra 1” with 481.66 million dirhams, “Jumeirah Village Circle” with 432.05 million dirhams, then the “Burj Khalifa” area with 400.35 million dirhams.