Dubai’s real estate market continues to break new milestones in terms of pricing and transactional activity as it steadies.
The average price per square foot in Dubai has more than doubled over the last five years, reaching Dh1,683 per square foot in October 2025, according to the most recent data published by Property Monitor.
The residential real estate market in the emirate maintained its momentum during October, albeit with considerably weaker monthly gains as prices increased by just 0.13 percent, retreating from the more significant increases observed in September and August.
“Even with this slower pace, the market continues to climb steadily… The market’s long-term upward trend remains intact, even as monthly movements become more tempered,” said the monthly report.
As the year draws to a close, Dubai’s real estate market continues to exhibit indications of gradual normalization.
“Price growth has steadied, and while October marked the first month in 2025 not to set a new all-time high, transactional activity remains exceptionally elevated by historical standards. The easing in monthly gains reflects a market shifting from rapid expansion toward a more sustainable trajectory,” said Property Monitor.
532 projects in 10 months
Dubai is continually witnessing new property launches as new developers and existing developers perceive the market continuing to sustain development.
In October 2025, Dubai’s new project pipeline remained unusually strong, with 65 launches bringing more than 14,000 residential units valued at an estimated Dh33.5 billion.
Year-to-date, 532 projects have been launched, bringing approximately 131,504 units to market – levels that significantly exceed what would normally constitute an entire year of activity.
A total of 228 developers have started projects so far in 2025, up from 163 during the same period in 2024, demonstrating the rising depth of supply-side activity.
Apartments continued to dominate October’s debuts, accounting for 99 per cent of overall supply, with only 144 units released across the villa and townhouse sectors.
“Looking ahead, the launch pipeline points to a meaningful expansion in single-family home supply, with new clusters already slated from Emaar at Grand Polo Club and The Valley, the redesigned launch of The Heights, the first phase of Damac Islands 2, and additional releases expected as Wasl advances its expansion of Jumeirah Golf Estates,” says Property Monitor analysts.
Transactions surpassing last year
The Dubai real estate market’s robust transactional activity kept reaching all-time highs.
Year-to-date transaction volumes have reached over 178,000, a 17.4 per cent increase compared with the same period in 2024 and already surpassing 98 per cent of last year’s full-year total. Over the past year, monthly activity has been steadily high, averaging over 17,300 transactions, with just two months slipping below the 15,000 threshold.
“Should this momentum continue through December, total sales are projected to exceed 212,000 — setting a new all-time annual record and extending Dubai’s record-breaking run into its third consecutive year,” It added.
