The total real estate transactions in Dubai’s market during the period from January to May (5 months) of 2025 amounted to approximately AED 361 billion, resulting from 105,558 transactions. This represents a growth of 27.5% in value and 26.3% in volume compared to the same period in 2024, which recorded AED 283 billion from 83,590 transactions, according to data from the Dubai Land Department.

Main Takeaways:

• Total real estate transactions in Dubai (Jan–May 2025) hit AED 361B from 105,558 deals (↑27.5% in value YoY).
• Sales alone reached AED 272B from 81,878 deals (↑45.5% in value YoY), with May 2025 hitting a record AED 67B.
• Ready properties led with AED 170B (62.2% of sales), while off-plan reached AED 102.7B.
• Mortgages totaled AED 71B (↓10% in value, ↑37% in volume); grants rose to AED 18B (↑6% in value).

Dubai real estate sales saw a significant surge in the first five months of 2025, reaching AED 272 billion from 81,878 transactions, marking a growth of 45.5% in value and 24.3% in volume compared to the same period in 2024, which recorded AED 187 billion from 54,890 transactions, according to Al Khaleej.

May set a new record, with sales reaching approximately AED 67 billion from 18,654 transactions, representing a 45.6% increase in value and a 6.4% increase in volume compared to the same month last year (AED 46 billion from 17,530 transactions). It also outperformed April 2025, which recorded AED 62.3 billion from 17,876 transactions—an increase of 7.5% in value and 4.3% in volume.

Residential units (apartments and villas) accounted for the largest share of total sales during the period, with a value of AED 149.3 billion from 69,011 transactions—representing 55.6% of the total AED 272 billion. This included AED 125 billion from 62,634 apartment sales and AED 24.3 billion from 6,377 villa/residential building sales. Meanwhile, land sales surged to AED 122.6 billion from 12,905 transactions.

Top Transactions

In terms of the highest-value deals, the residential sector recorded 10 sales exceeding AED 100 million. The top two took place in Palm Jumeirah, valued at AED 300 million and AED 180 million, respectively. These were followed by Jumeirah 1 in third place with a AED 164 million deal, Island 2 in fourth with AED 156 million, and Jumeirah 1 again in fifth with about AED 143 million. The sixth-largest deal was on the Dubai Water Canal, worth AED 140 million, followed by Jumeirah 1 in seventh place with AED 121 million, Jumeirah 2 in eighth with AED 116 million, Palm Jumeirah in ninth with AED 115 million, and Jumeirah 1 once more in tenth place with a AED 100 million transaction.

As for the land market, Dubai Islands ranked first with a transaction worth AED 1.5 billion, followed by Airport City in second place with AED 1.49 billion. Dubai Multi Commodities Centre 2 came in third with AED 1.45 billion, Airport City again in fourth with AED 1.22 billion, and Grand Hills Dubai in fifth place with AED 1.11 billion.

Ready vs. Off-Plan Properties

Ready properties outperformed off-plan properties in terms of sales value from the beginning of the year until the end of May, totaling around AED 170 billion—representing 62.2% of the total value—across 36,154 transactions. Off-plan properties accounted for 37.8%, with a value exceeding AED 102.7 billion from 45,762 transactions.

Top Areas

Data revealed that 10 areas captured 38% of total sales, amounting to AED 103.3 billion over the five-month period. Business Bay ranked first with AED 14.4 billion in sales, followed by Al Muaiseem 2 with AED 13.6 billion. Palm Jebel Ali came third with AED 12.5 billion, and Al Yalayis 1 took fourth place with AED 12.4 billion. Airport City was fifth with AED 10 billion.

In sixth place was the Burj Khalifa area with AED 9.35 billion, followed by Jumeirah Village Circle in seventh with AED 9.16 billion. Al Hebiah 1 ranked eighth with AED 8 billion, Palm Jumeirah came ninth with AED 7.55 billion, and Wadi Al Safa 5 rounded out the top ten with AED 6.17 billion.

Mortgages and Grants

From January to the end of May, mortgage transactions totaled AED 71 billion from 19,819 deals—a 10% decrease in value but a 37% increase in volume compared to the same period in 2024, which saw AED 79 billion from 14,460 transactions.

As for grants, they reached AED 18 billion from 3,861 transactions, compared to AED 17 billion from 3,240 transactions during the same period last year—an increase of 6% in value and 19% in volume.