Dubai’s real estate market set a new monthly record in May 2025, with total sales transactions hitting Dhs66.8 billion across 18,700 deals, according to Property Finder’s latest market performance report.
The figures reflect a 44% increase in value and a 6% rise in volume compared to May 2024, indicating continued investor interest and market stability.
Strong ready sales growth
Primary ready property transactions surged to Dhs17.9 billion in value, a 314% year-on-year increase, across 2,400 deals.
Secondary ready sales also climbed, reaching 6,078 transactions worth Dhs24 billion, marking an 8% rise in volume and 21% in value.
Off-plan and resale trends
The primary market, which includes ready and off-plan sales, totaled Dhs37 billion—up 65% compared to the same month last year.
The secondary market recorded Dhs29 billion across 8,471 transactions, reflecting growth of 23% in value and 15% in volume.
Top-performing areas
Business Bay led in terms of value, representing 5% of the total primary transaction value, despite making up just 3% of the volume.
Al Barsha showed strong demand across different budgets, contributing 5% of transaction volume and 2% of total value. A land deal worth Dhs1.5 billion in Palm Deira highlighted growing institutional confidence in Dubai’s long-term property outlook.
Apartment demand remains high
Apartments continued to dominate interest from both renters and buyers. They made up 78% of rental searches and 60% of buyer searches.
Studios were more popular among renters (21% of searches) than buyers (15%), while one-bedroom units attracted 38% of rental and 35% of purchase interest, suggesting buyers are prioritising larger units for long-term value.
Market outlook remains positive
“Just when we thought April was Dubai’s most significant month in terms of transaction value at AED62.1 bn, May eclipsed this with Dhs 66.8 billion in transaction value. This underscores the sustainability of the trends driving current growth,” said Cherif Sleiman, Chief Revenue Officer at Property Finder.
Sleiman added that population growth, increased investor demand, and innovations such as tokenized property platforms are helping drive the sector forward.
Property Finder’s insights suggest transaction activity will remain strong throughout 2025, supported by luxury resale deals, digital transformation, and high off-plan interest.
