Dubai property sales surpass $544bn in five years as market momentum accelerates

The Dubai property market has recorded more than AED2tn ($544bn) in sales over the past five years, underlining sustained demand and rising investor confidence, according to a new report by W Capital.

The report highlights the emirate’s continued annual growth, supported by mature regulations and proactive oversight, as Dubai consolidates its position as a global real estate investment hub.

W Capital CEO Walid Al Zarooni said: “Dubai’s real estate market continues to maintain strength and annual growth, benefiting from ongoing supportive factors, mature regulations governing the sector, and proactive regulatory bodies that address local and international developments with decisive and swift decisions that stimulate real estate investment”.

He pointed out that the market has followed a clear upward trajectory over the past five years, with total recorded sales exceeding AED2tn ($544bn).

According to historical data issued by the Dubai Land Department, annual sales rose from AED149bn ($40.6bn) in 2021 to AED265.5bn ($72.3bn) in 2022, climbed to AED401bn ($109.3bn) in 2023, reached AED522.36bn ($142.3bn) in 2024, and are projected to hit AED682.6bn ($186bn) in 2025.

$544bn real estate bonanza

Al Zarooni noted that diversified demand from both local and international investors, alongside continued growth across residential, commercial and luxury segments, has played a central role in sustaining this momentum.

He added that government incentive policies, long-term residency programmes and advanced infrastructure have further strengthened Dubai’s appeal as a global real estate investment destination.

Al Zarooni said: “These exceptional figures reflect a nearly fivefold increase in Dubai’s real estate sales compared to 2021, a clear indication of the strong and sustained momentum of the market and Dubai’s advanced global standing as one of the best cities to live, work, and invest in”.

Transaction volumes have also reached historic levels. Al Zarooni revealed that the number of real estate transactions rose by more than 38 per cent year-on-year in 2025 to approximately 214,900 sales, compared with around 180,860 transactions in 2024.

Looking ahead, Al Zarooni said benchmark indicators reinforce confidence in Dubai’s ability to meet the Dubai Real Estate Initiative 2033 target of AED1tn ($272.3bn) in annual real estate transactions, particularly after sales exceeded AED919bn ($250.4bn) during 2025.

He added that the next phase of growth is expected to focus on sustainable and smart developments, with rising demand for integrated communities that balance quality of life with investment returns.

He expects the market to deliver balanced performance in 2026, supported by continued foreign investment inflows, stable legislation and growing end-user demand for homeownership.

Dubai real estate sales and transactions