UAE Residents Keen to Purchase Homes Despite Rising Dubai Property Prices
Unprecedented Activity in Dubai Real Estate
The robust demand among buyers coincides with a highly active property market. A recent report from fäm Properties indicates that Dubai is set to conclude 2025 with an unprecedented peak in both the number and value of property transactions.
In November alone, the market experienced 19,019 property deals, marking a 30.9% increase compared to the previous year. This surge has propelled the total transactions for 2025 to 197,263, exceeding last year’s record of 180,900 while still leaving one month in the year. The annual sales value reached Dh624.1 billion, significantly higher than the Dh522.1 billion recorded in 2024, with November contributing Dh64.7 billion, reflecting a 49.6% year-on-year increase.
Firas Al Msaddi, CEO of fäm Properties, emphasized that this growth reflects a mature market responding to global demand rather than mere speculation. “The aggressive and stable growth demonstrates migration and capital investment,” he noted, highlighting a notable 20% increase in property value over last year.
Dubai’s real estate performance is supported by solid fundamentals, including significant population growth and a shift towards higher-value purchases. The average price per square foot has increased by 16.1%, reaching Dh1,755, showcasing strong demand and asset revaluation.
Key communities have led the increase in activity, spurred by new developments and improving infrastructure. The most active areas in November included Jumeirah Village Circle, Wadi Al Safa 5, Business Bay, Dubai South, and Mina Rashid, all contributing significantly to transaction volumes. High-end sales saw remarkable figures, with luxury properties achieving record prices, further illustrating Dubai’s ability to attract significant investment.
