Connect with us

Business

Dubai real estate hits $89bn in H1 as 2025 transactions climb 39 per cent

Published

on

Dubai real estate

The Dubai real-estate market recorded transactions exceeding AED326bn ($88.8bn) in the first half of 2025, marking a 39 per cent increase compared with the same period last year, according to Dubai Land Department data.

More than 118,000 property deals were completed by 94,700 investors, highlighting broad confidence in the emirate’s long-term economic prospects.

Against this record-setting performance, Arabian Gulf Properties (AGP) Chairman Badar Rashid AlBlooshi said innovation, sustainability and smart urban planning are shaping a new era of durable growth for Dubai’s real-estate sector.

Advertisement

Dubai real estate H1 sales

Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties, said: “The city has evolved beyond short-term cycles, what we’re witnessing today is the institutionalisation of Dubai’s real-estate market.

“With visionary governance, population growth and a diversified economy, the fundamentals are stronger than ever. At AGP, we see this as an opportunity to build projects that reflect Dubai’s long-term aspirations as the Emirate is technologically advanced, environmentally responsible and globally competitive.”

Dubai’s real-estate growth remains underpinned by robust economic fundamentals and investor demand across multiple segments.

The first quarter of 2025 alone saw sales transactions worth approximately AED114bn ($31.1bn), a 23 per cent annual increase.

Advertisement

The luxury and prime segment continued to show strong momentum, with more than 1,300 homes priced above AED10m ($2.7m) sold during the quarter — a 31 per cent year-on-year rise.

Population growth is also strengthening end-user demand, with Dubai’s population surpassing 3.8m, reinforcing the emirate’s position as a global investment hub.

AlBlooshi said this performance demonstrates how Dubai’s real-estate market is now supported by durable, long-term drivers rather than speculative cycles.

He noted that Dubai’s investor-friendly environment — from transparent governance and robust regulation to the absence of property taxes — continues to attract both international buyers and residents.

Advertisement

He said: “Population expansion, strong tourism inflows, and ongoing infrastructure development continue to underpin sustained demand”.

Market data indicates that approximately 73,000 new residential units are expected to be delivered across Dubai in 2025, marking a period of maturity and greater equilibrium.

Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2025 Wordupnews.com