Dubai Property Market Booms with 10x Growth in Just 4 Years

Dubai’s Property Market Booms

Dubai’s real estate market isn’t just hot—it’s on fire. The city’s ultra-luxury segment, made up of homes priced above AED 10 million ($2.72M), has seen a stunning 10X growth in sales since 2020.

Q1 2025: A Record-Breaking Start

In the first quarter of 2025 alone, over 1,300 high-end homes changed hands—marking a 31% increase year-on-year. Buyers aren’t just investing in properties; they’re buying into Dubai’s future.

Dubai’s luxury scene is evolving fast—and off-plan homes are now leading the charge. In fact, 69% of AED10M+ deals are now off-plan, compared to just 14% in 2020. This shows growing trust in Dubai’s future communities and developments.

Top villa hotspots:

  • Palm Jebel Ali

  • District One West

  • The Acres

Apartment favorites:

  • Palm Jumeirah

  • Downtown Dubai

  • Dubai Harbour

Branded Residences & Lifestyle Living Take Center Stage

Branded residences and lifestyle-driven communities are dominating demand. Dubai is now the #1 global city for branded homes, and by 2031, is expected to deliver 40% of all such homes across the Middle East and Africa.

New luxury developments such as:

  • Jebel Ali Racecourse community

  • Emaar Grand Polo Club and Resort

  • Jumeirah Golf Estates Phase 2

What’s Next for 2025?

Experts at Savills predict 8–10% growth in the luxury segment this year. Why? It’s a mix of: