Property market updates | 15.07.2025 | Benham and Reeves
One thing we can always be sure of, is the robustness of the UAE property markets. As tracked by DXB Interact, a site specializing in property stats, Dubai smashed through AED 325 billion in sales by mid-2025. That’s 40% more than it was in H1 2024. More than 100,000 properties changed hands in H1 2025, up 22% from last year, and the year’s only halfway through.
While 2025 has been flexing some serious growth muscles, the real head turner has been June, with 16,448 home transactions worth AED 54.8 billion. That’s 21% more than the previous June, when sales were AED 45.5 billion. At AED 1,640 per square foot, prices have climbed 13% since last June.
Apartments are still what people are buying the most of in the city with their sales making up nearly half of all property sales. Villas come in second with about one-third of the market, while plots of land bring in the rest. Off-plan properties, i.e., homes that haven’t been built yet are also especially popular with investors, with over 12,700 sold in the first half of 2025. Resale homes, which are already built and owned, came in next with nearly 2,900 deals.
For those of you, who’ve never bought real estate in the UAE, it’s exciting times. Dubai Land Development is teaming up with major property developers and banks like Nakheel, Emaar, Damac and Danube, and banks like Emirates NBD, Dubai Islamic Bank, and Mashreq to offer help if you earn between AED 15,000 and AED 20,000 a month. This is valid for homes priced up to AED 5 million.
Dubai’s love affair with luxury is no secret. But this year, it’s going turbo. Between January and May 2025, sales of ultra-high-end homes priced over AED 10 million nearly doubled, jumping from about 1,600 deals to more than 3,100. That’s a whopping 93% increase in just a year.
Area | Transaction volume | Total value (AED billion) |
Dubai Investment Park II | 833 | 4.5 |
Business Bay | 924 | 2.1 |
Jumeirah Village Circle | 1,474 | 1.98 |
Wadi Al Safa 5 | 712 | 1.3 |
Motor City | 762 | 1 |
Area | Transaction volume | Total value (AED billion) |
Business Bay | 6,056 | 17.6 |
Al Yelayiss 1 | 5,175 | 15.3 |
Dubai South | 4,991 | 14.1 |
Wadi Al Safa 5 | 6,206 | 12.5 |
Jumeirah Village Circle | 8,697 | 11.2 |
Project | Total value (AED million) | No of units sold |
Sensia | 547.8 | 130 |
Sobha Solis | 501.9 | 402 |
Sobha Orbis | 340.4 | 267 |
Riverside Crescent | 253 | 125 |
Timez by Danube | 194.6 | 178 |
Project | Total value (AED million) | No of units sold |
Grand Polo - Montura | 969.9 | 126 |
Grand Polo – Montura 3 | 905 | 119 |
The Valley – Rivera | 565.5 | 113 |
Damac Islands – Bali 3 | 383.6 | 137 |
Damac Islands – Bali 4 | 335.9 | 122 |
Dubai’s population hit 3.97 million in June and is expected to cross 4 million by the end of the year. That means that over 226,000 new people will be looking for places to live in 2025 alone.
Right now, there are around 190,000 rental contracts in Dubai. That is up by nearly 11% compared to last year. Areas seeing the biggest spikes are perennially popular areas like International City and Jebel Ali 1, and
Jumeirah Village Circle is also witnessing a sharp rise. Experts say short-term rents could climb by 18% this year, while long-term leases might rise about 13%.
Project | No of rental contracts | YoY Growth in 2025 |
International City | 15,592 | 31% |
Jebel Ali 1 | 14,825 | 39% |
Jumeirah Village Circle | 12,986 | 66% |
Business Bay | 11,271 | 58% |
Nadd Hessa | 9,927 | 22% |
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