Dubai's real estate market has experienced a remarkable boom, with villa and townhouse prices increasing by 92% since May 2022, according to data from the Dubai Land Department (DLD). The average price for these properties rose from AED 3.47 million to AED 6.68 million over the three-year period.
In May 2025 alone, the city recorded AED 54 billion in property sales transactions, marking an 11% increase from the previous month. This surge is attributed to a growing demand for ready and upgraded villas in established communities, coupled with a limited supply of such properties.
The secondary property market also showed strength, with total sales value increasing by 68% year-on-year and average resale home prices rising by 32%. Transaction volumes in this segment grew by 28%, indicating a trend towards homeownership among expatriates settling in Dubai.
Experts suggest that the city's appeal for capital appreciation and long-term investment continues to attract buyers, further fueling the property market's growth.