Dubai’s housing sector posts record sales in October

Dubai’s real estate sector has achieved unprecedented milestones in 2025, with residential and office markets reaching record-breaking performance levels. By the end of October, property sales soared to Dh559.4 billion, surpassing the previous full-year record of Dh522.1 billion set in 2024. This remarkable growth is fueled by sustained population expansion, robust investor confidence, and Dubai’s transformation into a permanent residence for global citizens rather than a transient hub. The market’s resilience is further underscored by a strong preference for off-plan properties, which accounted for 70% of total residential sales in Q3 2025. Apartments dominated transaction volumes, while villas and townhouses experienced a 22% average price increase due to limited supply. The Dh5–10 million price segment saw a 60% surge in transactions, reflecting heightened demand for premium properties. The office market mirrored this strength, with Grade A office assets achieving a 95% occupancy rate and citywide rents rising to Dh190 per square foot, a 22% year-on-year increase. Prime districts like DIFC, One Central, and Downtown Dubai continued to command top rental rates. A wave of new office supply, projected at 2.3 million square feet in 2026 and 4.1 million square feet in 2027, is already seeing strong pre-leasing activity. Industry experts attribute this sustained boom to visionary government policies, including long-term residency options like the Golden Visa, and world-class infrastructure. With two months remaining in 2025, analysts predict it will be the most active year ever for Dubai’s real estate market, setting the stage for achieving the Dh1 trillion annual transaction target outlined in the Dubai Real Estate Strategy 2033.