Dubai Real Estate Market Sales performance - November 2025

Dubai's property market delivered a record-breaking performance in November 2025, propelling 2025 into uncharted territory as the emirate's most valuable real estate year on record.

November 2025 demonstrated Dubai's real estate market operating at full capacity, with transaction volumes and values reaching unprecedented levels.

Real Estate Market Overview in Dubai: Historic Year-End Momentum

• Total Sales Volume: 19,016 transactions.

• Total Sales Value: reaching 64.7 Bil AED

This remarkable November performance delivered a decisive conclusion to 2025. With November's substantial AED 64.7 billion in sales value, the cumulative 2025 total reached AED 624.1 Bil through the end of November—surpassing the previous full-year record of AED 522.1 billion set in 2024 by an extraordinary AED 102 billion margin. This represents a 19.5% increase in annual value compared to the previous record, establishing 2025 as a historic watershed year for Dubai's real estate market.

The average price per square foot climbed to AED 1,755 ($479), representing a substantial 18.5% annual increase from AED 1,480 ($403) in November 2024. This consistent price appreciation across segments demonstrates fundamental market strength and sustained investor confidence in Dubai's long-term value proposition.

Segment Performance Breakdown - Off-Plan Surge, Apartments Dominate

Off-Plan Properties - transactions dominance continues

Off-plan properties exhibited exceptional market dominance in November 2025, accounting for 13,374 transactions worth AED 41.4 billion, representing 70.4% of total transaction volume and 64.0% of total sales value. This commanding performance underscores sustained developer confidence and investor appetite for new developments offering flexible payment structures and price appreciation potential.

The off-plan segment's strength reflects several key market drivers: major project launches across premium and mid-market segments, competitive developer incentives including extended payment plans reaching 70-30 and 80-20 structures, and robust investor confidence in Dubai's development pipeline. Off-plan buyers continue to represent institutional capital, international investors, and strategic purchasers seeking entry into Dubai's expanding communities.

Ready Properties - Value Surge

Ready properties recorded 5,645 transactions valued at AED 23.3 billion, accounting for 29.7% of transaction volume but only 36.0% of total sales value. This segment split reveals that while ready property transactions remained robust—a testament to end-user demand and investor appetite for immediate occupancy—the average ready property price point was substantially lower than off-plan units, reflecting the mix of properties available in the secondary market.

The preference for off-plan properties reflects buyers' strategic approach to capitalizing on Dubai's future growth trajectory.

Check out our research article on key considerations for buying off-plan vs ready properties in Dubai.

The percentage movement of overall transactions value by property type in October:

Apartments 37.4 %

Apartments emerged as the market's cornerstone, recording 15,903 transactions worth AED 32.1 billion in November 2025, compared to 11,533 transactions worth AED 21.1 billion in November 2024.

Villas and Townhouses -6.6 %

Villas recorded 2,078 transactions worth AED 13.2 billion in November 2025, compared to 2,205 transactions worth AED 12.1 billion in the prior year.

Commercial properties 79.7 %

Commercial properties demonstrated exceptional growth momentum, with 646 transactions worth AED 2.3 billion in November 2025, compared to just 360 transactions worth AED 1.3 billion in November 2024.

Land plots 3.6 %

Plots recorded 377 land transactions worth AED 17.1 billion, compared to 384 sales worth AED 8.1 billion in November 2024.

Geographic Performance: premium and mid-market areas lead

Umm Suqeim First and Palm Jumeirah emerged as co-leaders in total sales value, each recording AED 3.7 billion in transactions during November 2025. These ultra-premium waterfront communities attracted high-net-worth buyers and international investors, with the most expensive apartment sale of the month occurring at Jumeirah Residences Asora Bay, Jumeirah First, reaching an exceptional AED 203 million ($55.3 million). The most expensive villa transaction was recorded on Palm Jumeirah at AED 110 million ($30 million), reflecting the island's continued appeal as Dubai's premier luxury residential destination.

Business Bay dominated the mid-premium segment with AED 3.5 billion in total sales value and 1,006 transactions, reinforcing its position as Dubai's central commercial and residential hub. The district's central location, modern infrastructure, waterfront development, and strong rental yields continue attracting diverse investor segments seeking both capital appreciation and regular rental income.

Al Yelayiss 1 recorded AED 3.0 billion in sales value, while Downtown Dubai generated AED 2.8 billion, rounding out the top five areas by value. Both premium communities benefited from concentrated high-value transactions and sustained demand from both domestic and international buyers.

By transaction volume, Jumeirah Village Circle (JVC) dominated with 1,343 transactions, leveraging its affordable price points, comprehensive community amenities, and attractive rental yields of 7-8.5%. Wadi Al Safa 5 recorded 1,094 transactions, while Business Bay achieved 1,006 transactions despite commanding substantially higher average prices, underscoring the district's dual appeal across diverse buyer segments.

Financing Trends: Mortgage strengthens

Mortgage-backed transactions demonstrated continued growth in November 2025, with 4,521 mortgage deals worth AED 14.7 billion. This represents a significant 13.2% year-over-year increase in transaction volume and represents the strongest mortgage activity month of 2025, indicating sustained lending appetite and improved buyer access to favorable financing terms.

Dubai provides a mix of advantages for foreign investors aiming to enter the property market, such as:

• Freehold property ownership and Zero property tax

• Zero personal income tax or capital gains tax, or withholding tax

• lowest corporate income tax rate of 9%

• 100% foreign business ownership

• 100% repatriation of capital investment and total profit earned

• 10-year investor Golden Visa

• Investor-friendly policies providing foreign investment protection

• One of the world’s top tourist centers

Latest news and initiatives

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, has directed government entities to further strengthen the support that enables the private sector to flourish and sustain its growth momentum. During the latest edition of the Dubai Majlis, His Highness called for a collaborative approach, encouraging businesses to identify and share opportunities that can help drive Dubai’s economic development as the city advances towards the goals of the Dubai Economic Agenda, D33.

Meraas, part of Dubai Holding Real Estate, has awarded an AED 1.9 billion contract to United Engineering Construction (UNEC) for the construction of its exclusive standalone villa community, The Acres. The agreement covers the first release comprising 642 villas and associated community facilities, with completion targeted for Q4 2027.

UK budget pressures accelerate wealth migration. In the UK, rising tax burdens, potential changes to capital-gains and pension regimes, and increased regulatory scrutiny have created a climate of uncertainty for high-net-worth individuals. As a result, Dubai’s stable fiscal posture, zero-income-tax policy and renewed investment in social infrastructure are becoming increasingly attractive.

Mohammed bin Rashid approves Dubai Government’s General Budget Cycle for 2026-2028, largest in emirate’s history. The estimated expenditure for the fiscal year 2026 stands at AED99.5 billion, reaffirming Dubai’s commitment to supporting development projects, stimulating macroeconomic growth, and realising the objectives of the Dubai Plan 2033 and the Dubai Economic Agenda D33. Infrastructure investments — including roads, bridges, tunnels, public transport, sewage systems, parks, renewable energy facilities, waste management, and service buildings — account for 48% of the total projected government expenditure for the 2026 fiscal year. In addition, 6% of total spending is allocated to government development initiatives that support performance enhancement and promote a culture of excellence, innovation, and creativity.

Conclusion

Dubai's real estate market in November 2025 exemplifies a market that has achieved unprecedented scale, liquidity, and performance while maintaining sustainable fundamentals.

Dubai reinforces its position as a premier global real estate investment destination offering exceptional opportunities for wealth creation, portfolio diversification, and stable long-term returns.

Source: Dubai Land Department; DXB Interact, Dubai Media Office