The Dubai property market is experiencing remarkable growth, with sales exceeding AED 2 trillion over the last five years. This surge reflects strong demand and growing investor confidence, highlighting Dubai’s position as a prime location for real estate investment. According to Walid Al Zarooni, CEO of W Capital, a Dubai-based brokerage, supportive factors such as robust regulations and proactive governance have played significant roles in fostering this environment.

Record-Breaking Sales Figures

The overall sales in Dubai’s real estate sector have reached impressive heights, increasing from AED 149 billion in 2021 to AED 265.5 billion in 2022. The momentum continued into 2023, with figures climbing to AED 401 billion. Projections for 2024 are even more optimistic, expecting sales to hit AED 522.36 billion, while forecasts for 2025 suggest they may reach AED 682.6 billion. This near fivefold increase since 2021 underscores not only the resilience of the market but also Dubai’s evolving global reputation as a top city for living and investing.

Al Zarooni emphasizes that this relationship is largely driven by a diverse investor base comprising both local and international participants. The continuous development of residential, commercial, and luxury properties has cemented this upward trend. Additional government initiatives, including long-term residency programs and enhanced infrastructure, further boost the emirate’s status as an attractive investment destination.

Transaction Growth and Historic Highs

In 2025 alone, the number of real estate transactions surged by more than 38% year-on-year, achieving approximately 214,900 sales, the highest recorded figure in the history of Dubai’s real estate market. This continues a trend that saw about 180,860 sales in 2024, demonstrating a clear and robust trajectory of growth. The statistics reflect the increasing interest in Dubai’s property market, both for investment and personal use.

Looking ahead, the outlook for 2026 is promising. Al Zarooni expresses confidence that the market will sustain its momentum as Dubai continues to work towards the ambitious Dubai Real Estate Initiative 2033, aimed at reaching AED 1 trillion in annual transaction values. With previous sales figures already surpassing AED 919 billion in 2025, there is strong optimism around this target and the overall stability of the market.

Future Trends in the Dubai Market

The future of Dubai’s real estate market appears to focus on sustainability and smart projects, reflecting an increasing demand for integrated communities that offer both quality living and investment potential. Al Zarooni expects that this trend will continue, fueled by a consistent influx of foreign investments, stable legislation, and a growing desire for homeownership among residents.

Overall, the dynamic landscape of Dubai’s real estate market points towards sustained growth and significant opportunities for investors. With a commitment to innovative projects and superior living standards, Dubai is solidifying its status as a global hub for real estate investment. As we move forward, stakeholders can look forward to a balanced and rewarding investment environment in this vibrant city.