After reaching new standards in 2024, Dubai’s real estate market is poised for stability as the population rises, with over 72,000 residential units expected to enter the market in 2025. While price rise may moderate, demand remains strong. Furthermore, real estate experts believe that the Smart renting Index, which will be launched in 2025, would improve transparency and fairness in renting prices.
Last year, the market recorded 68,405 total sales transactions, with a transaction value of Dh423.36 billion—the biggest in the city’s history. Betterhomes data shows a 30%** increase in transaction value and a 40% increase in transaction volume over the previous year.
“This excellent performance demonstrates investor confidence and strong demand, further cementing Dubai’s status as a worldwide real estate leader. As we look back on another year of remarkable development and transformation, I am reminded of what makes Dubai’s real estate market so unique. It’s not simply skyscrapers or record-breaking transaction volumes.
The off-plan market has emerged as a big driver of this expansion, accounting for 63% of total transactions and increasing by an astonishing 66% year on year. Meanwhile, the secondary market contributed positively, with a 14% YoY growth, successfully catering to end users seeking immediate ownership choices.
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