Dubai’s real estate market soared in February 2025, posting record-breaking growth despite global economic headwinds. Sales surged to Dh51.1 billion, up 39.91% YoY, with 16,099 transactions—a 35.5% increase from February 2024—marking one of the strongest months ever. Property sales volumes rose 17% MoM to Dh41 billion (14,929 deals), while prices reached an all-time high of Dh1,505 per sq. ft., more than double the 2019 low of Dh716. Off-plan properties dominated with 59% of transactions, led by developers Emaar (Dh4.11B), Sobha Group (Dh1.44B), and Damac (Dh0.82B).

Luxury real estate boomed—villa prices jumped 60% MoM to Dh11.48M, and apartments climbed 30% to Dh2.26M. Top communities included JVC, Dubai Marina, and Jumeirah Golf Estates. Rising rents—22% for apartments, 28% for villas in 2024—fueled a shift toward homeownership. End-users made up 53% of buyers in February, as mortgage transactions accounted for 64% of sales, supported by rates as low as 3.5% and 15% down payments.

International buyers, particularly Russians, Indians, and Brits, drove 35% of deals, while mega-projects like the Dh30B Marsa Al Arab and Expo City Dubai boosted demand. Analysts predict 12–18% price growth in 2025, solidifying Dubai’s position as a global real estate powerhouse.