Dubai real estate Q3 2025: Sales surge 60.8% to $36.2B
Dubai real estate market transactions jump 60.8 percent to 52,853 valued at $36.2 billion in Q3 2025
The city’s population growth supports real estate demand, aligning with Dubai’s Economic Agenda D33
Dubai’s property market delivered another record quarter in Q3 2025, with transactions soaring 60.8 percent since Q3 2023, far outpacing the 17.4 percent rise in prices, according to Provident Estate’s latest market report by Laura Adams, associate partner.
Population growth and strategic vision
Dubai’s population has crossed 4 million, fueling demand across all property types and perfectly aligning with long-term government strategies such as Dubai Economic Agenda D33 and the Urban Master Plan 2040. These strategies support sustainable expansion and bolster Dubai’s global competitiveness. The D33 agenda aims to double Dubai’s economy by 2033, targeting AED32 trillion ($8.7 trillion) economic growth by attracting businesses, high-net-worth individuals, and talent to the emirate. This economic acceleration creates increased demand for commercial, residential, and luxury properties, as more companies and expatriates settle in Dubai, ensuring robust real estate appreciation and rental yields.
Dubai’s Urban Master Plan 2040 complements this growth by focusing on infrastructure upgrades, sustainable communities, and improved connectivity, which increase property values in well-planned neighborhoods. This long-term urban vision improves quality of life and investor confidence alike.
Luxury market and global wealth inflows
Dubai continues to magnetize global wealth, with an estimated 9,800 new millionaires expected in 2025 alone. The luxury market shows vibrant activity, with ultra-luxury developments in Downtown Dubai and the famed “Billionaire Island” catering to this clientele. Dubai ranks among the world’s busiest markets for transactions above USD 10 million, outpacing traditional hubs like New York and London combined. This influx is further driven by Dubai’s tax-friendly environment, safety, and cosmopolitan lifestyle that appeals to high-net-worth individuals globally.
Market highlights – Q3 2025
- 52,853 transactions valued at AED132.8 billion recorded.
- Also, average price per square foot climbed to AED1,913, up from AED1,629 in Q3 2023.
- Apartments lead market activity, especially in Jumeirah Village Circle (JVC), Business Bay, and Dubai Marina.
- Additionally, villas and townhouses thrive, with a focus on spacious 4-bedroom layouts in Dubai Hills, Mohammed Bin Rashid City (MBR City), and Damac Lagoons.
- Over 81,000 new units are expected to be handed over in 2025. Prime locations like JVC and Emaar Beachfront are anticipated to absorb this inventory rapidly, supporting market balance and stability.
Market outlook and strategic developments
Experts forecast that while price growth may moderate as supply catches up with demand, key established areas will remain resilient due to strong infrastructure and luxury demand. D33’s push for diversification beyond oil, reinforcing logistics, tourism, finance, and digital innovation sectors, contributes to real estate market stability by attracting institutional investors alongside individual buyers. Furthermore, the integration of PropTech innovations such as blockchain for transparent property transactions and smart city initiatives will enhance market efficiency and investor confidence.
