Dubai real estate sales up 19% y-o-y in 3Q 2025

Dubai’s real estate market logged AED 237 bn across 74.7k transactions in 3Q 2025, up from AED 200 bn for the same period a year earlier, Al Khaleej reports, citing Dubai Land Department (DLD) data. Sales contributed AED 169.2 bn, up 19% y-o-y, while mortgages were up 17% y-o-y, to AED 49.2 bn. Residential prices rose 8-10% on average despite minor declines in some luxury pockets, according to the data

Ready units and apartments dominated activity, with some AED 86.4 bn in ready unit sales from nearly 19k transactions, just ahead of AED 81.5 bn in off-plan sales. Apartments accounted for the bulk, with a total of 50k units sold for AED 95.5 bn, compared with AED 10.8 bn from 2.5k villa and building transactions. Land also remained a major segment, totaling AED 61.6 bn from some 5.8k plots.

By area: Business Bay led activity with values of AED 11.6 bn, followed by Dubai Investments Park 2 (AED 7.7 bn), Jumeirah Village Circle (AED 6.7 bn), Wadi Al Safa 3 (AED 6.7 bn), and Palm Jumeirah (AED 5 bn).

9M tally nears AED 500 bn: Between January and September, sales reached AED 496 bn, marking a 32.6% y-o-y increase. Including mortgages and grants, total transactions climbed 23% to AED 668 bn.

REMEMBER- This follows a record 1H 2025, when transactions rose 25% y-o-y to AED 431.2 bn across 123.3k transactions. Despite the record activity, most analysts expect prices to moderate slightly in 2H 2025. Fitch Ratings expects a moderate correction of up to 15% to Dubai home prices, while Moody’s and Deloitte also forecast a slowdown or stabilization in price and rent growth. Supply is also surging, with nearly 250k new homes set for completion in the next few years, a 30% jump, as scores of new developers enter the fray.