According to Savills most recent market analysis, more than 10,000 new homes were built in the third quarter of 2025. Apartments are becoming increasingly popular, while villas are becoming more expensive.

This quarter, 97% of all new releases were apartments. Developers are counting on high-rise living, where families and investors can get more for their money with facilities, easy access, and prices that work for both groups. Meanwhile, villa launches have slowed to a trickle, which is keeping prices high in the premium market because there aren't many of them.

In the third quarter, almost 8,500 new homes were given to buyers. This brings the total number of homes built this year to almost 30,000, which is already as many as were built in all of 2024. By the end of the year, an additional 10,000 apartments are expected to be completed. Some of the most important projects include Viridian by Meraas in Al Wasl, Palace Residences by Emaar in Dubai Creek Harbour, and Ellington House.

Savills says that by the end of 2028, there will be more than 250,000 new homes. That's a vast pipeline that demonstrates developers are confident about Dubai's long-term growth trajectory.

In September, Dubai's population passed four million, and by 2030, it will be five million. People are coming from all over because of new work opportunities, global talent programs, and fast-growing industries, including aviation, tourism, logistics, and finance.

Henley & Partners says that this year, 9,800 millionaires would move to the UAE, which is more than any other country. Savills even says that Dubai is the best city in the world for attracting and expanding private wealth because of its lifestyle, lack of income tax, Golden Visa program, and business-friendly atmosphere.

Around 1,500 homes in the high-end market sold for more than Dh10 million in the third quarter, and roughly 500 of those were bought before they were built. What's interesting is that villas made up 73% of these high-value acquisitions. Even while the market as a whole is moving towards apartments, rich people still demand big homes with gardens and seclusion.

The pricing shows that there is a lot of demand. The average villa now costs more than Dh7 million, which is 24% more than the average price of Dh5.75 million last year. Values are going up because there isn't much of it, and rich people want it. Prices for flat space per square foot also hit record highs in the third quarter. The average has been around Dh1.9 million since the start of 2022. Most of the newer buildings have smaller and more efficient units.

There is still a lot of interest in villa communities in desirable areas, especially if they have nice homes and payment plans that are easy to understand, like in Phase 2 at Jumeirah Golf Estates.

Changes in the world economy and politics might cause some problems in the short term, but Dubai's foundations are still very strong. People and money keep coming to the country because it has a good government, smart rules, and infrastructure that is among the best in the world.

People who want to live and invest here for a long time are what is making the area grow. Savills says that the sector is "broadening in depth and long-term stability," which means that Dubai has one of the most stable housing markets in the world.