JEDDAH: Dubai’s residential property market posted a 22 percent year-on-year rise in sales during the second quarter of 2025, reaching 49,606 transactions, driven by strong demand from both domestic and international investors, particularly in the off-plan and resale segments.
According to a new report by Provident Estate, the figures also mark an 82 percent jump from Q2 2023, underscoring the emirate’s growing appeal as a global real estate hub.
The second-quarter uptick builds on a robust start to the year. In Q1, Dubai saw over 42,000 residential deals worth 114.15 billion dirhams, with an average sale price of 2.7 million dirhams. Off-plan properties continued to dominate, while the ready-home segment also showed strong performance, the report noted.
The momentum reflects broader regional trends across the Gulf Cooperation Council, where economic diversification, pro-investment reforms — such as relaxed foreign ownership rules and long-term residency options — are reshaping real estate dynamics. Similar demand growth is being observed in Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait.
“These numbers are more than just market growth; they represent a shift in how the world views Dubai real estate. Buyers are not just investing in properties; they’re investing in a lifestyle, in security, in the future of one of the fastest-growing cities globally,” said Laura Adams, secondary sales director at Provident Estate.
Dubai’s total property transaction value climbed to 147.6 billion dirhams in Q2 2025, up from 103.9 billion dirhams a year earlier and 70.2 billion dirhams in Q2 2023. The average sale price rose to 2.97 million dirhams, while the price per square foot increased to 1,823 dirhams — further signaling buyer confidence in the emirate’s long-term real estate prospects.
Provident Estate attributed the market’s performance to sustained interest in both new developments and completed properties, supported by Dubai’s investor-friendly climate, advanced infrastructure, and tax-efficient environment.
The firm noted that Dubai continues to be a preferred destination for investors seeking global exposure and lasting value.
Compiled from proprietary data and in-depth analysis, Provident’s quarterly report aims to provide a comprehensive snapshot of current market trends.
“We are not just reporting data — we are shaping strategy. This insight empowers investors, developers, and homeowners to make smarter decisions in one of the most competitive markets globally,” Adams added.
With favorable regulations, lifestyle-driven demand, and continued economic transformation under UAE Vision 2031, the report forecasts sustained growth in Dubai’s property market through the remainder of 2025.
