Dubai’s property market continues to demonstrate extraordinary resilience and growth momentum, achieving remarkable milestones that redefine market expectations. According to Property Monitor’s latest analytical data, average prices per square foot have surged dramatically, more than doubling over the past five-year period to reach AED 1,683 per square foot as of October 2025.
The market’s expansion, while maintaining its upward trajectory, has entered a phase of measured normalization. October witnessed a modest 0.13% monthly price increase, signaling a departure from the more substantial gains observed in previous months. This moderation indicates a market transitioning from rapid expansion toward sustainable growth patterns, though the long-term upward trend remains firmly established.
Development activity has reached unprecedented levels with 532 projects launched during the first ten months of 2025, introducing approximately 131,504 residential units to the market. This volume substantially exceeds traditional annual activity benchmarks. October alone saw 65 new project launches comprising over 14,000 units with an estimated value of AED 33.5 billion. The development landscape has expanded significantly, with 228 developers actively launching projects in 2025 compared to 163 during the same period in 2024.
Transaction volumes have similarly achieved historic proportions, reaching nearly 178,000 year-to-date transactions representing a 17.4% increase compared to the corresponding period in 2024. This figure already approaches 98% of last year’s total annual transactions. Market analysts project that if current momentum persists through December, total sales could exceed 212,000 transactions, establishing a new annual record and extending Dubai’s record-breaking performance into its third consecutive year.
The market composition shows apartments dominating new supply, accounting for 99% of October’s launches with only 144 villas and townhouses introduced. However, the pipeline indicates forthcoming expansion in single-family home supply, with new clusters planned from major developers including Emaar’s Grand Polo Club and The Valley projects, the redesigned Heights development, Damac Islands 2, and Wasl’s expansion within Jumeirah Golf Estates.