As we wrap up the first half of 2025, the Dubai real estate market continues to demonstrate solid momentum across both the off-plan in Dubai and secondary markets in Dubai. At Espace, we’ve just shared our latest H1 2025 Residential Market Overview, backed by Dubai Land Department data and our in-house Espace insights.
In the first six months of the year, Dubai recorded 91,897 residential sales transactions, marking a 23% increase compared to H1 2024, and a 11% increase from H2 2024. Total market value reached AED 262 billion, up 36% year-on-year, which is a clear signal that buyer confidence remains strong and sustained across both local and international segments.
Off-plan continues to lead, but secondary strengthens
Off-plan transactions accounted for 59% of all sales, showing continued demand for new launches and flexible payment plans. Over 17,000 units were completed in H1, adding new stock to the rental and resale markets as well.
Emaar led the off-plan space with over 7,000 units sold, generating AED 22.36 billion in transaction value, while other developers such as Azizi, Binghatti, and Danube followed closely behind.
Villa & townhouse segment remains the standout
While apartment activity remained healthy, it’s the villa and townhouse market that saw the most price movement. Of the 20 villa communities tracked, 19 recorded price increases. Average prices across the segment grew by 19%, with standout growth in:
- Emirates Hills: +45%
- Victory Heights: +44%
- Jumeirah Golf Estates: +19%
- Dubai Hills Estate: +18%
The gap in supply, especially for well-designed family homes in key communities, continues to fuel this appreciation.
Apartments show moderate and steady gains
Apartment prices grew at a more moderate pace compared to 2024, with the average increase sitting at 8% while some of the top-performing areas included:
- Emaar Beachfront: +14%
- JVC: +12%
- Downtown Dubai: +12%
- Palm Jumeirah: +9%
Luxury segment sees continued surge
The top end of the market continues to move in the right direction. Homes priced over AED 20 million recorded a 47% increase in transaction activity year-on-year. Much of this activity is being driven by ultra-high-net-worth individuals relocating to Dubai from markets such as the UK and Europe. This is due to recent gains in the Pound and Euro against the dirham improving purchasing power for foreign investors and making Dubai real estate more attractive
Rental market stabilising, but still growing
Rental volumes dipped slightly, largely due to increased supply, but rents are still rising across most villa communities, such as:
- Emirates Hills: +42%
- Tilal Al Ghaf: +44%
- Palm Jumeirah: +22%
- Victory Heights: +30%
On the apartment side, rent prices remained firm in Downtown, Marina, and Emaar Beachfront, with City Walk and JVC also recording double-digit rental growth.
Espace market activity snapshot
Internally at Espace, we’ve seen consistent growth across buyer interest and lead generation:
- Buyer registrations: +45% YoY
- Mortgage leads: +147% YoY
- New listings: +159% YoY
- Viewings booked: 14,420, which was a +43% jump vs. H1 2024
Want to take a look at the numbers?
For buyers, sellers, tenants, landlords and investors looking to understand where the market is headed next, the H1 2025 Espace Market Report is now live.