November 2025 saw Dubai’s property hotspots attracting the most buyer attention this year, with areas like Jumeirah Village Circle, Business Bay, and Mina Rashid leading in sales and transactions.
Top-performing areas
Jumeirah Village Circle recorded 1,426 deals worth Dhs 1.9 billion, making it the district with the highest number of transactions. Business Bay, while slightly lower in volume at 1,055 deals, generated Dhs 3.6 billion in sales value, showing strong demand for premium apartments.
Other notable performers included Wadi Al Safa 5 with 1,133 transactions (Dhs 1.8B), Dubai South with 903 deals (Dhs 2.1B), and Mina Rashid with 899 deals (Dhs 3.1B).
The most expensive individual property sold in November was a luxury apartment at Jumeirah Residences Asora Bay, Jumeirah First, which fetched Dhs 203 million.
The top villa sale was Dhs 110 million on Palm Jumeirah. Properties priced between Dhs 1–2 million made up the largest share of sales at 37%, while high-end properties above Dhs 5 million accounted for 8.7%.
First-time vs resale transactions
First sales from developers dominated the market, with 13,374 transactions totaling Dhs 41.4 billion. Resales accounted for 5,645 deals worth Dhs 23.3 billion.
Popular first-sale projects included Binghatti Flare (369 apartments, Dhs 470M) and Grand Polo – Selvara 2 (66 villas, Dhs 438.9M). Among resales, Azizi Riviera led apartment sales with 95 units valued at Dhs 76.1 million, while Rukan 3 topped villa resales with 24 deals worth Dhs 33.7 million.
Market trends
Overall, Dubai recorded 19,019 transactions in November, a 30.9% increase compared with November 2024. This brought the total number of deals for 2025 so far to 197,263, surpassing the previous annual record of 180,900 transactions.
The total value of real estate deals also grew sharply. November alone saw Dhs 64.7 billion in sales, taking the cumulative annual value to Dhs 624.1 billion, up from Dhs 522.1 billion in 2024. Apartment sales dominated at Dhs 32.1 billion, while villas accounted for Dhs 13.2 billion.
Commercial property and plot sales also saw significant growth, reaching Dhs 2.3 billion and Dhs 17.1 billion respectively.
The average property price per square foot increased 16.1% to Dhs 1,755, reflecting rising demand for high-value assets across the city.
Expert insight
Firas Al Msaddi, CEO of fäm Properties, said, “What we’re seeing here isn’t momentum, this is the market maturity meeting global demand. When a market grows this aggressively and stays stable, it’s not speculation, it’s migration plus capital allocation.
“The value run is even stronger than the volume run. We’ve seen a 20% value growth on what was a record year in 2024 with one month of this year still to go. This tells us price per sqft is rising, buyers are deploying more per purchase, and higher-ticket assets are moving.”
The November data highlights both strong buyer interest and sustained investment in key Dubai districts. The combination of high transaction volumes, rising property values, and luxury sales indicates a market that remains resilient and attractive to investors and residents alike.
tanvir@dubainewsweek.com
