The Dubai real estate market maintained its upward trajectory in July, achieving the highest number of property transactions this year and marking the second-best monthly sales performance on record in both value and volume.
A market update released by fäm Properties indicates that last month saw a total of 20,304 property sales, reflecting a year-over-year increase of 24.9 percent, with a total value of AED65 billion ($17.7 billion), which represents a 29.5 percent rise compared to the same month last year.
Apartment sales experienced a year-over-year growth of 28.1 percent, resulting in 16,272 deals valued at AED32.2 billion. The most significant sector growth was noted in commercial property transactions, which surged by 57.8 percent to 606 sales worth AED1.5 billion.
Villa sales reached AED19.3 billion, marking a 6.4 percent increase in volume with 2,988 transactions compared to the same month last year. Additionally, plot sales rose by 22.3 percent to 438 transactions valued at AED12 billion. The average price per square foot increased by 9.5 percent to AED1,649 when compared with July of the previous year.
Data from DXBinteract reveals that Dubai property sales in July have soared dramatically over the past five years. In 2020, the sales totaled AED4.5 billion from 2,300 transactions; in 2021, they rose to AED11.2 billion from 4,400 transactions; in 2022, they reached AED21.3 billion from 7,200 transactions; in 2023, sales amounted to AED37.8 billion from 11,200 transactions; and in 2024, they further increased to AED50.2 billion from 16,300 transactions.
Market confidence reinforced by strong activity
Firas Al Msaddi, CEO of fäm Properties, remarked: “The level of activity last month once again underlines the strength and maturity of Dubai’s real estate sector.” He added, “Dubai has shown it can sustain growth through different cycles, supported by clear regulation, strong investor sentiment, and a steady pipeline of new opportunities. July’s figures are another clear signal that confidence in the market remains high, both locally and internationally.”
The most expensive apartment sold during July fetched AED174 million at Aman Residences Dubai, Tower 1 at Jumeirah Second.
In terms of overall value, the leading area was Wadi Al Safa 3, which recorded 1,210 property sales worth AED6.011 billion. For transaction volume, Al Barsha South led with 1,846 sales valued at AED2.047 billion.
Properties priced over AED5 million constituted 13 percent of total sales, while 37 percent fell in the AED1-2 million range, 25 percent were below AED1 million, 14 percent were between AED2-3 million, and 11 percent were priced between AED3-5 million.
Overall, first sales from developers significantly outpaced resales, with a distribution of 71 percent to 29 percent in terms of volume and 65 percent to 35 percent in overall value.
Read more: Dubai records 24 new real estate projects valued at over $1.2 billion in H1 2025
Top 10 performing areas – overall value
Wadi Al Safa 3: 1,210 sales valued at AED6.011 billion; Business Bay: 1,428 sales valued at AED3.663 billion; Ras Al Khor: 41 sales valued at AED2.900 billion; Dubai Investment Park Second: 1,013 sales valued at AED2.777 billion; Dubai Marina: 637 sales valued at AED2.604 billion; Bukadra: 785 sales valued at AED2.152 billion; Al Barsha South Fourth: 1,846 sales valued at AED2.047 billion; Hadaeq Sheikh Moh’d Bin Rashid: 496 sales valued at AED1.983 billion; Palm Jumeirah: 127 sales valued at AED1.826 billion; Al Wasl: 150 sales valued at AED1.816 billion.
Top 10 performing areas – overall volume
Al Barsha South Fourth: 1,846 sales valued at AED2.047 billion; Business Bay: 1,428 sales valued at AED3.663 billion; Wadi Al Safa 3: 1,210 sales valued at AED6.011 billion; Dubai Investment Park Second: 1,013 sales valued at AED2.777 billion; Bukadra: 785 sales valued at AED2.152 billion; Wadi Al Safa 5: 770 sales valued at AED1.283 billion; Madinat Al Mataar: 724 sales valued at AED1.464 billion; Al Hebiah First: 656 sales valued at AED897.9 million; Dubai Marina: 637 sales valued at AED2.604 billion; Me’Aisem First: 597 sales valued at AED876.9 million.
Dubai’s real estate sector continues to strengthen its position as a key driver of the emirate’s economic growth, demonstrating consistent performance and highlighting the market’s resilience and diverse investment opportunities. Data from the Dubai Land Department (DLD) reveals that the first half of 2025 saw the completion of 24 real estate projects valued at AED4.5 billion.
This progress is part of a broader growth trend, with 726 projects currently under construction across the emirate, reflecting strong demand from developers and investors. The rise in ongoing developments indicates an accelerated pace of project delivery to meet the increasing need for standalone units and integrated residential communities.
