Dubai's real estate market hit new highs in 2024, recording 68,405 sales transactions worth Dh423.36 billion—up 30% in value and 40% in volume compared to the previous year. The off-plan sector led the growth, accounting for 63% of transactions, with a 66% year-on-year increase. The luxury market soared, with 1,938 transactions for properties over Dh15 million and 40 super-prime deals exceeding Dh100 million.

As Dubai prepares for 72,000 new residential units in 2025, the market is set for stabilization, though demand remains strong. The upcoming Smart Rental Index aims to improve transparency and fairness in rental pricing. Dubai’s real estate continues to attract investors, backed by its vision and growth strategies outlined in the Dubai Urban Plan 2040.