What To Know
- Dubai is showing no signs of overhere, and at least over 9,800 new millionaires are likely to join in coming to 2025, the city places itself on its way to becoming a global center of wealth, thanks to favorable investor policies, tax relief and visionary urban projects.
- And market confidence has increased and the acquisition of more people willing to invest in luxury real estate in the emirate is on the rise.
- Vlolkers As company, it also registered a 48% increase in the number of transactions and a 40% increase in net commission earnings during H1 2025.
According to the recently published report, the luxury real estate market of Dubai recorded the best ever half-year result with 3,731 properties being sold at a price greater than AED 10 million ($2.72 million) in the first half of 2025 representing an increase of 62.7 percent year-on-year growth.
Affirming this is the report issued by Engel & Vlolkers Middle East which states that Dubai has been creating more opportunities in the luxury real estate sector than the rest of the international cities globally; and market confidence has increased and the acquisition of more people willing to invest in luxury real estate in the emirate is on the rise. Even Q2 2025 alone saw 2,388 ultra-luxury transactions, an all-time high in any single quarter.
Notable transactions are a AED 425 million ($115.7 million) a mansion in Emirates hills and a AED 300 million ($81.7 million) beachfront villa on palm jumeirah. More than 4% of the total marketshare is held by the luxury segment now, which is a significantly large increase since it was only 1.1% in 2020, suggesting that the owners are experiencing longtime change in buyer behavior.
The consumers responsible were Indian buyers and others were investors of UK, Germany and Portugal, with other demand by Spain, Austria and Netherlands. Engel & Vlolkers As company, it also registered a 48% increase in the number of transactions and a 40% increase in net commission earnings during H1 2025.
A total of 27.6 percent growth was recorded with apartments taking the overall pie of the residential sales to 71,879 units sold (an increase of 18.2 percent) and AED 78.3 billion ($ 21.3 billion) being the total value of sales made in this segment. Townhouses became the fastest growing segment increasing by 57.4 per cent in transactions amounting to AED 42 billion ($11.4 billion).
Dubai also grew its wider property market whereby total residential sales increased by 22.7 per cent in year-on-year and off-plan transactions rose close to 20 per cent.
Dubai is showing no signs of overhere, and at least over 9,800 new millionaires are likely to join in coming to 2025, the city places itself on its way to becoming a global center of wealth, thanks to favorable investor policies, tax relief and visionary urban projects.
