Dubai opened the year with record-breaking real estate activity, achieving the highest monthly transaction value ever recorded in the emirate.
Figures from the Dubai Land Department show total property transactions reached Dh107.96 billion in January, nearly doubling the Dh57.89 billion posted in the same month last year.
Transaction value surged 86.5% year-on-year, while the number of transactions rose 17.27% to 21,884, compared with 18,661 in January last year.
Sales alone generated Dh70.05 billion, marking the strongest monthly performance in Dubai’s property history. That figure represents a 59.13% increase from a year earlier.
A total of 16,858 sales transactions closed during the month, up 20.38% from 14,003 deals in January last year.
Mortgage activity remained strong, reaching Dh32.04 billion across 4,160 transactions. Property gifts totalled Dh5.87 billion through 826 transactions.
Al Rowaiyah 1 led all areas in sales value at Dh6.31 billion. Meydan 2 (Me’aisem 2) followed with Dh6.04 billion, while Al Yalayis 1 recorded Dh4.6 billion.
Business Bay secured fourth place with Dh3.51 billion, followed by Sheikh Mohammed bin Rashid Gardens at Dh3.26 billion. Umm Suqeim First, Palm Jebel Ali, Dubai Investment Park Second and Palm Deira each generated more than Dh1.7 billion in sales.
Ahmed Al Dawla, Chairman of On Plan Real Estate, said the numbers show a shift in global buyer sentiment. “Dubai has moved beyond a short-term tourism hub,” he said. “Families and investors now choose it as a long-term home.”
He cited safety, advanced infrastructure and economic stability as key drivers. Policy reforms and large-scale projects, including developments in DIFC, continue to support demand, particularly for luxury and family-focused homes.
Al Dawla expects prices to rise further due to limited land supply, sustained demand and the entry of international developers. He noted that total real estate transactions in 2025 reached nearly Dh917 billion, a target originally set for 2033, and said the market could soon exceed Dh1 trillion in annual transaction value.