The Dubai real estate market continues to soar, with sales skyrocketing from AED 69.8 billion in 2020 to a staggering AED 517 billion by the end of 2024. In 2024, real estate transactions hit an all-time high, with 178,900 sales deals; a 38% year-on-year increase. The total value of transactions, including sales, mortgages, and donations, climbed by 35.8% to AED 753.6 billion, marking the third consecutive year surpassing the half-trillion dirham mark.

The fourth quarter of 2024 set a new benchmark with AED 142.7 billion in sales, including a record-breaking AED 61.47 billion in October alone.

Outlook for 2025 An expert predicts continued growth in 2025, with sales expected to rise by 10-15%, nearing the AED 600 billion mark, and overall transactions possibly exceeding AED 850 billion. This growth aligns with Dubai’s Real Estate Sector Strategy 2033, aimed at achieving AED 1 trillion in transactions and solidifying the city’s global leadership in real estate.

Adopting transparent practices, ambitious development projects, and the Dubai Economic Agenda D33 drive the market forward, making Dubai a top global destination for investment and living.