Dubai Hills, The Oasis and Palm Jumeirah drive luxury property sales

by Staff Reporter
Dubai real estate

Dubai’s high-end property market continued to show resilience in the third quarter of 2025, with The Oasis, Dubai Hills Estate, Palm Jumeirah, Mohammed Bin Rashid City, and Nad Al Sheba emerging as the city’s top-performing luxury areas, according to the latest Q3 2025 Market Report by Betterhomes.

Strong luxury activity

A total of 737 luxury property transactions, each priced from Dhs15 million and above, were recorded during the quarter. Of these, 492 were secondary sales and 245 were off-plan deals. While the overall number declined from the record 1,153 luxury transactions in Q2, activity levels remained well above Dubai’s long-term average.

Betterhomes described the shift as a sign of “natural recalibration” following two years of exceptional growth in the sector.

Market entering maturity

“Dubai’s luxury real estate market is transitioning from hypergrowth to healthy stabilisation,” said Louis Harding, CEO of Betterhomes. “After two years of record-setting activity, what we’re seeing now is a recalibration. Prices remain strong, demand from international buyers is steady, and quality continues to drive decisions at the top end of the market. This is the sign of a confident, enduring market, not a cooling one.”

Off-plan demand steady

In the off-plan category, Jumeirah, Palm Jumeirah, Downtown Dubai, Mohammed Bin Rashid City, and Business Bay recorded the highest activity. Although volumes were slightly lower than the previous quarter, they continued to outperform historical levels.

According to Betterhomes, this steady demand reflects Dubai’s appeal as a stable and globally connected investment destination, supported by a strong currency environment and consistent foreign capital inflows.

Resilient luxury segment

“The evolution of Dubai’s luxury sector mirrors the city’s own maturity,” Harding added. “This quarter’s data reinforces the city’s position as one of the world’s most resilient luxury markets, where stability, not speculation, is now setting the pace.”

The report highlights that despite a cooling in transaction numbers, Dubai’s luxury property market remains on firm footing, with prime communities continuing to attract long-term investors and end-users alike.

tanvir@dubainewsweek.com

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