Dubai’s property market has surpassed its 2024 annual transaction record with one month still remaining, according to data released on 3rd December 2025.
A market report from fäm Properties shows that November produced 19,019 transactions, a 30.9 per cent year-on-year increase. The total for 2025 now stands at 197,263, exceeding the 2024 annual high of 180,900 deals.
November’s AED64.7 billion in deals represented a 49.6 per cent year-on-year leap, taking the total for 2025 to AED624.1 billion. The 2024 record of AED522.1 billion was surpassed in October.
Dubai apartment sales jump 37.4% in November as transactions reach 19,019
Data from DXBinteract revealed that 15,905 apartment sales worth AED32.1 billion last month represented a 37.4 per cent leap in volume. Villa sales worth AED13.2 billion were 6.6 per cent down in volume to 2,078.
Commercial property sales worth AED2.3 billion climbed 79.7 per cent in volume year-on-year to 647, with AED17.1 billion in plot sales up 3.6 per cent in volume to 377. The average property price per square foot rose by 16.1 per cent to AED1,755.
“What we’re seeing here isn’t momentum, this is the market maturity meeting global demand,” said Firas Al Msaddi, CEO of fäm Properties. “When a market grows this aggressively and stays stable, it’s not speculation, it’s migration plus capital allocation.”
Al Msaddi noted the value run has been stronger than the volume run.
“We’ve seen a 20 per cent value growth on what was a record year in 2024 with one month of this year still to go,” he said. “This tells us price per sqft is rising, buyers are deploying more per purchase, and higher-ticket assets are moving.”
First sales from developers accounted for 13,374 transactions totalling AED41.4 billion in November, compared with 5,645 resales valued at AED23.3 billion.
Dubai property sales in November have grown from AED7.4 billion (3,900 transactions) in 2020 to AED18 billion (7,000) in 2021, AED31 billion (11,100) in 2022, AED42.5 billion (12,300) in 2023 and AED42.7 billion (14,500) in 2024.
Jumeirah Village Circle leads Dubai with 1,426 property transactions in November
Jumeirah Village Circle led with 1,426 transactions worth AED1.9 billion. Wadi Al Safa 5 recorded 1,133 transactions worth AED1.8 billion, whilst Business Bay saw 1,055 transactions worth AED3.6 billion.
Dubai South registered 903 transactions worth AED2.1 billion, and Mina Rashid recorded 899 transactions worth AED3.1 billion.
The most expensive property sold in November was an apartment at Jumeirah Residences Asora Bay, Jumeirah First, which fetched AED203 million. The most expensive villa went for AED110 million on Palm Jumeirah.
Properties worth AED1-2 million accounted for 37.03 per cent of sales, whilst 24.85 per cent were below AED1 million. Properties between AED2-3 million represented 16.66 per cent, between AED3-5 million accounted for 12.79 per cent, and 8.67 per cent were valued at more than AED5 million.
Binghatti Flare led first sale apartments with 369 units worth AED470 million at a median price of AED1.3 million. DAMAC Riverside recorded 229 sales worth AED306.1 million, and Sobha Solis saw 205 sales worth AED261.1 million.
For first sale villas, Grand Polo – Selvara 2 recorded 66 sales worth AED438.9 million at a median price of AED6.6 million. Dubai Investment Park Second saw 62 sales worth AED186.4 million, and Nad Al Sheba First registered 56 sales worth AED704.1 million.
Azizi Riviera led resale apartments with 95 transactions worth AED76.1 million at a median price of AED720,000. Creek Beach – Canopy recorded 44 sales worth AED105 million, and Sobha Hartland – The Crest saw 39 sales worth AED92.4 million.
For resale villas, Rukan 3 led with 24 transactions worth AED33.7 million at a median price of AED1.4 million. Mudon Al Ranim 3 recorded 17 sales worth AED67.1 million, and The Valley – Talia saw 17 sales worth AED52.2 million.
