Q3 2025 saw transactions valued at $46.5 billion, marking significant YoY increases
Dubai’s real estate market hit a new milestone in Q3 2025, recording the highest ever quarterly transaction volume and the second-largest sales value on record, pushing total sales for the first nine months of the year to nearly AED500 billion ($136.1 billion).
A market update issued by fäm Properties revealed that Q3 produced 59,228 sales transactions totalling AED170.7 billion, marking YoY increases of 17.2 percent in volume and 19.9 percent in value. Additionally, data from DXBinteract shows that from January-September 2025, total sales reached AED498.8 billion from 158,200 transactions up 32.33 percent in value and 20.46 percent in volume compared with the same period in 2024.
Q3 saw 49,370 apartment sales at AED94.3 billion, up 25.9 percent YoY in volume, while commercial sales soared 41.9 percent in volume to 1,565 transactions valued at AED4.2 billion. Plot sales climbed 25.7 percent in volume year on year to 1,214 deals worth AED36.1 billion. Villa sales were down 23.3 percent in volume YoY with 7,078 transactions worth AED43.1 billion, though median price per square foot rose 11.4 percent to AED1,685, following consistent increases from AED858 in 2020.
Dubai’s population surpasses 4 million
The market’s strength is underpinned by Dubai’s population surpassing 4 million, fuelling demand across all property sectors and aligning with ambitious government strategies such as the Dubai Economic Agenda D33 and the Urban Master Plan 2040, designed to double the economy and support sustainable urban growth. This demographic boom is a key driver behind the expanding demand for residential, commercial, and luxury properties.
Dubai continues to attract global wealth, with 9,800 new millionaires expected in 2025 alone, reinforcing its status among the busiest global markets for ultra-luxury real estate transactions valued above $10 million — exemplified by record Q3 sales of luxury villas like the AED250 million property in Jumeirah Second and AED174 million apartment at Aman Residences Dubai.
Developer sales outpace re-sales
Regarding sales market dynamics, first sales from developers outnumber re-sales in the secondary market by 73 percent to 27 percent in volume and 66 percent to 34 percent in value, indicating strong confidence in new developments and off-plan sales. Price segmentation reveals that properties above AED5 million account for 10 percent of sales, 38 percent cost between AED1-2 million, while 25 percent are below AED1 million, showing balanced demand across segments.
Best-selling projects in Q3, 2025
In the third quarter of 2025, the best-selling projects in the real estate market showcased significant activity across various categories.
First-sale apartments
The top performer was Binghatti Skyrise, with a volume of 1,393 units sold, generating a value of AED2.2 billion and a median price of AED1.5 million. Following closely was Binghatti Hillviews, which saw 724 units sold for AED825.5 million, with a median price of AED1.2 million. Binghatti Aquarise recorded sales of 634 units worth AED1.1 billion, also with a median price of AED1.2 million. Other notable projects included Sobha Solis with 624 units sold for AED765.2 million (median price of AED1.1 million) and Sobha Orbis with 477 units sold for AED652.5 million (median price of AED1.2 million).
First-sale villas category
Wadi Al Safa 3 emerged as the leader, selling 849 units for a total value of AED5.9 billion and a median price of AED6.3 million. Al Yelayiss 1 followed with 755 units sold at a value of AED2.3 billion and a median price of AED2.7 million. Dubai Investment Park 2 had 635 units sold for AED3.5 billion, boasting a median price of AED6.8 million. Additionally, Madinat Al Mataar and Madinat Hind 4 sold 392 and 376 units, respectively, with values of AED1.6 billion and AED705.4 million, and median prices of AED3.8 million and AED2 million.
Resale apartments
Azizi Riviera was the top choice, with 238 units sold for a total value of AED205.4 million and a median price of AED696,200. Elite Sports Residence and DIFC Heights Tower followed with 143 and 137 units sold, valued at AED83.7 million and AED593.4 million, respectively. Their median prices were AED575,000 and AED3.5 million. Other notable projects included Mediterranean Cluster with 103 units sold for AED65.3 million (median price of AED650,000) and Sobha Hartland The Crest with 94 units sold for AED187.2 million (median price of AED1.6 million).
Resale villas sector
Wadi Al Safa 5 led with 323 units sold for AED1.3 billion and a median price of AED3.4 million. Al Hebiah Fifth followed closely with 298 units sold for AED829.6 million, presenting a median price of AED3 million. Madinat Al Mataar, Wadi Al Safa 7, and Jabal Ali First also performed well, with sales of 199, 161, and 158 units, respectively, valued at AED759.3 million, AED562.6 million, and AED781.2 million, and median prices of AED3.8 million, AED2.5 million, and AED5 million.
Infrastructure projects enhance connectivity
From a historical perspective, Q3 property sales have shown consistent growth over five years, rising from AED17.9 billion in 2020 to AED142.3 billion in 2024 for Q3 periods. Median price per square foot has nearly doubled from AED858 in 2020 to AED1,685 in Q3 2025, underscoring sustained asset appreciation.
Government initiatives boosting market confidence include reforms in visa and investor regulations, alongside major infrastructure projects enhancing connectivity across developments such as Jumeirah Village Circle, Business Bay, Dubai Marina, Dubai Hills, MBR City, and Damac Lagoons, noted as demand hotspots.
The rental market complements the sales surge, with growing rental transactions and stable rent increases in key residential communities supporting overall real estate sector momentum.
Source: economymiddleeast