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: