Dubai Q3 Market Report

Independent Dubai Q3 2025 residential market report from houzzhunt, covering 55,389 transactions worth AED 154bn with key trends in prices, rentals and investor confidence.

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Dubai’s residential real estate market continued to strengthen in Q3 2025, supported by stable macroeconomic fundamentals, strong investor sentiment, and sustained demand across both end-users and global buyers. The quarter saw off-plan property sales surge by 17.5% QoQ, reaffirming Dubai’s position as one of the world’s most liquid and investor-centric markets. Meanwhile, a total of 7,182 new residential units were delivered, showcasing a measured supply pipeline.

Driven by lifestyle-led master communities, flexible post-handover schemes, and continued expat migration, Dubai maintained robust momentum across sales and rentals. Off-plan dominance remained the defining trend of Q3, while the rental market recorded over 150,000 apartment leases and 19,241 villa rentals, underscoring sustained yield-driven demand. As highlighted in the Dubai Q3 Market Report 2025, prepared by Reliant Surveyors, a RICS-regulated valuation and advisory firm — the market continues to display strategic resilience, evolving from rapid expansion to long-term value growth.

Things That Matter This Quarter – Q3 2025

  1. Off-Plan Dominance Deepens
    Off-plan sales surged 17.5% QoQ, outpacing ready transactions as developers leveraged flexible payment plans and branded launches.

  2. Rental Demand at Record Highs
    Over 169,000 leases signed this quarter, with new rentals up 20% QoQ, driven by strong expat inflows and sustained tourism momentum.

  3. Luxury Segment Holds Firm
    Ultra-luxury deals (AED 15M+) totaled AED 21 Bn, reaffirming Dubai’s position as a global wealth magnet amid geopolitical uncertainty.

  4. Macroeconomic Fundamentals Solid
    GDP growth forecast at 4.9% (UAE) and 4.0% (Dubai) for 2025, with inflation contained and oil prices supporting liquidity.

  5. Measured Supply Keeps Market Balanced
    Around 3,972 new units delivered in Q3, while 107 new residential projects launched adding 28,377 units to the pipeline, maintaining healthy absorption rates and preventing oversupply across key districts.

Macroeconomic Snapshot

  • Oil Prices Ease, Stability Maintained: Brent OPEC prices averaged AED 229, marking continued softening but sustaining regional fiscal strength.

  • Solid Economic Growth: UAE GDP projected at 4.9% and Dubai at 4.0% for 2025, driven by diversification and resilient private sector activity.

  • Tourism Holds Strong: 11.2 Mn visitors recorded by July 2025, sustaining demand across hospitality and short-stay housing segments.

  • Inflation Under Control: CPI reached 115.4 (UAE) and 114.0 (Dubai), reflecting moderate price pressures and effective fiscal management.

  • Investor Confidence Steady: Despite global uncertainty, Dubai remains a safe-haven hub with robust capital inflows and stable property fundamentals.

Brent OPEC Oil Basket Price in UAE (AED)

Projected GDP Growth: UAE & Dubai

Consumer Price Index: UAE & Dubai

Visitors in Dubai per Year

Dubai Residential Supply Q3 2025: Completed Units and Deliveries Driving Market Growth

Apartments 3,518
Studio 644
1 Bedroom 1,694
2 Bedrooms 922
3 Bedrooms 212
Not Defined 46
Villas 3,664
1 Bedroom 1,027
2 Bedrooms 463
3 Bedrooms 750
4 Bedrooms 718
5 Bedrooms 347
5+ Bedrooms 93

Rental Yield: Villa vs Apartments

A total of 7,182 residential units were completed in Q3 2025, comprising 3,518 apartments and 3,664 villas. The concentration of one- and two-bedroom apartments underscores developers’ ongoing focus on the mid-income and investor-driven segment, catering to strong rental demand and first-time buyers.

Meanwhile, the steady delivery of larger 3–4 bedroom villas reflects confidence in end-user absorption within Dubai’s maturing suburban corridors such as Dubailand, Emaar South, and The Valley. Overall, the development pace remains strategically balanced, with controlled supply preventing market overheating and reinforcing rental stability and price resilience heading into 2026.

Community Wise Number of Villa and Apartment Units Completed in Q3 2025

Community Number of Units
Business Bay 774
Dubai Hills Estate 745
Arjan 351
Dubai Creek Harbour 335
Majan 322
Jumeirah Village Circle 278
Al Wasl 258
Dubai Studio City 163
Meydan One 117
Dubai Silicon Oasis 111
Al Satwa 64
Community Number of Units
Arabian Ranches Phase 3 314
Damac Lagoons 459
Dubai Hills Estate 176
Living Legends 24
Mudon 242
Rukan 1,910
The Valley 308
Victory Heights 5
Villanova 226

Key Projects Completed in Q3 2025

Community Property Developer Units
Rukan Rukan Dubailand Rukan Development 1,910
Business Bay Peninsula One Select Group 518
Damac Lagoons Santorini 1 Damac Properties 459
Dubai Creek Harbour Palace Residences - North Emaar Properties PJSC 335
The Valley The Valley - Orania Emaar Properties PJSC 308

Dubai’s Residential Boom: Q3 2025 Launches Keep Momentum

Month Number of Launches Units Launched
July 33 9,868
August 38 7,991
September 36 10,518
Q3 Total 107 28,377
Category Details
Top Hubs Dubailand, JVT, Jebel Ali / Sobha Central, Dubai Islands, Meydan
Premium Launches Passo by Beyond (Palm Jumeirah), Villa Del Brunello (Dubai Islands)
Leading Developers Emaar, Damac, Azizi, Sobha, Danube, Binghatti, Aldar (60%+ of new units)
Mid-Tier Developers Samana, Object 1, Wadan
Upcoming Projects 30+ announced (Dubai Islands, Majan, Dubai South, Dubailand Residence Complex, JVT)

Dubai’s residential market remained strong in Q3 2025 with 107 project launches adding over 28,000 units. Apartments dominated (~85–90%) across key hubs like Dubailand, JVT, Jebel Ali, Dubai Islands, and Meydan, while average prices ranged AED 1,862–2,221 per sq.ft with standard payment plans.

Leading developers, including Emaar, Damac, and Sobha, delivered over 60% of units, supported by mid-tier players in emerging corridors. With 30+ projects announced, a steady and balanced supply pipeline is set for 2026.

Key Project Launched in Q3 2025

Property Location Developer Units
Breeze by Danube Dubai Maritime City Danube Properties 1,189
Binghatti Flare 1 & 2 Jumeirah Village Triangle Binghatti Holding 1,377
Rise by Athlon 1 - 4 Athlon by Aldar Aldar Properties 1,243
Expo City Valley Dubai South Dubai South Properties 723
Palace Residences Hillside A Dubai Hills Estate Emaar Properties 359
Baystar by Vida 1 & 2 Al Mina Emaar Properties 417
Sera at Mina Rashid Al Mina Emaar Properties 290

The State of Dubai Residences: Charting Q3 2025

Transaction Type Number of Transactions Transactional Value Market Average of AED/Sqf
Sales - Off-Plan 42,785 AED 104 Bn 2,015.70
Apartment 37,626 AED 74 Bn 2,059.80
Serviced/Hotel Apartment 461 AED 537 Mn 3,557.70
Villa 4,678 AED 29 Bn 1,510.30
Villa Plot 20 AED 166 Mn 1,707.10
Sales - Ready 13,938 AED 36 Bn 1,632.70
Apartment 10,869 AED 19 Bn 1,590.30
Serviced/Hotel Apartment 438 AED 999 Mn 2,481.50
Villa 2,505 AED 15 Bn 1,703.90
Villa Plot 126 AED 693 Mn 920.70
Grand Total 56,723 AED 139.7 Bn 1,921.60

Ready vs Off-Plan Residential Sales Trajectory

Ready Sales Growth

Growth Rate Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Value
Q-o-Q % -12.1 -0.7 8.1 15.9 -1.3 13.3 -50.0
Y-o-Y % 20.5 6.7 25.9 9.3 22.8 40.1 -35.2
Volume
Q-o-Q % -4.7 -1.9 10.0 2.4 -6.3 10.7 -18.5
Y-o-Y % 15.3 4.4 16.7 5.2 3.4 16.7 -13.5

Off-Plan Sales Growth

Growth Rate Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Value
Q-o-Q % -7.7 24.6 18.3 -4.3 -4.2 42.8 -9.2
Y-o-Y % 27.8 71.7 32.9 30.2 35.1 54.8 18.8
Volume
Q-o-Q % 13.6 29.1 18.5 -1.8 -11.0 20.7 17.5
Y-o-Y % 24.3 79.3 50.4 70.7 33.7 25.1 24.0

Q-o-Q Transaction Movement

Q-o-Q Transaction Value Movement

Q3 2025 marked a clear divergence between market segments, with off-plan sales volumes increasing by 17.5% quarter-on-quarter, while ready sales declined by 18.5%. This reflects a shift in investor confidence back toward developer-backed projects, following a wave of successful Q2 launches and attractive post-handover payment plans.

Although the overall transaction value dropped by 50% QoQ, this primarily indicates a market recalibration after an exceptionally strong Q2 rather than a loss of demand. Buyer activity remained concentrated in established master-planned communities such as Dubai Hills Estate, Business Bay, and JVC, where long-term investors continue to position themselves for handover-linked appreciation and rental yield stability through 2026–2027.

Apartment

Off-Plan vs Ready Apartment Sales Activity:

(Y-o-Y Changes in %)

Y-o-Y Growth Rate Q1 2023-24 Q2 2023-24 Q3 2023-24 Q4 2023-24 Q1 2024-25 Q2 2024-25 Q3 2024-25
Value
Off-plan 31.6 5.06 35.2 49.7 13.1 34.9 44.6
Ready 23.5 10.4 35.8 20.9 17.6 26.8 1.1
Volume
Off-plan 38.1 8.69 65.4 78.3 20.0 39.2 39.6
Ready 19.1 6.4 23.3 15.4 2.2 19.4 -3.1

(Q-o-Q Changes in %)

Q-o-Q Growth Rate Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Value
Off-plan 12.8 18.1 5.6 -13.1 -14.8 40.9 24.4
Ready 9.3 3.3 6.0 4.4 -2.7 18.2 10.2
Volume
Off-plan 19.7 20.9 16.3 0.7 -14.4 28.9 35.2
Ready 5.1 -3.7 11.3 2.4 -6.9 12.5 9.8

Off-Plan Apartments: Transactions & Value

Ready Apartments: Transactions & Value

Off-plan apartment sales surged by 24.4% quarter-on-quarter and 44.6% year-on-year, reinforcing investor confidence in Dubai’s development pipeline and the credibility of top-tier developers. In contrast, ready apartment transactions declined by 16% QoQ, as affordability pressures and tighter financing conditions softened activity in the secondary market.

The continued success of flexible post-handover payment schemes (e.g., 70/30 and 60/40 plans) drew both regional and international buyers toward emerging growth corridors such as Arjan, Jumeirah Village Circle, and Dubai Science Park. Overall, Q3 2025 reflected a mature market transition from short-term speculation to long-horizon, yield-focused investment strategies, signalling healthier market fundamentals ahead.

Apartments Prices and Number of Deals by Configuration Type

Number of Bedrooms Number of Transactions Market Average in AED/Sqf
Studio 11,963 1,910.20
1 Bedroom 22,741 1,849.20
2 Bedrooms 10,936 2,051.60
3 Bedrooms 2,492 2,526.30
4+ Bedrooms

Villas

Off-plan vs Ready: Transactions & Value

Quarters Off-Plan Ready
Q1 2024 AED 21 Bn AED 12 Bn
Q2 2024 AED 28.5 Bn AED 13.6 Bn
Q3 2024 AED 35 Bn AED 13.5 Bn
Q4 2024 AED 32.4 Bn AED 15.9 Bn
Q1 2025 AED 36 Bn AED 16.2 Bn
Q2 2025 AED 53 Bn AED 16 Bn
Q3 2025 AED 29 Bn AED 15.5 Bn

Off-plan villa sales climbed 35.2% quarter-on-quarter, while ready villa transactions fell by nearly 10%, highlighting an ongoing supply gap in established luxury communities. Strong performance in projects such as The Oasis, The Valley, and Damac Lagoons underscores buyers’ growing preference for master-planned developments offering integrated infrastructure, lifestyle amenities, and trusted developers. Meanwhile, demand in the ultra-prime segment remained concentrated in Dubai Hills Estate and Palm Jumeirah, where discerning end-users and global investors continue to seek exclusivity, larger plot sizes, and sustainability-driven designs. Overall, Q3 2025 reaffirmed Dubai’s villa market as end-user led and quality driven, with long-term liveability taking precedence over short-term speculation.

Villa Prices and Number of Deals by Configuration Type

(Q-o-Q Changes in %)

Q-o-Q Growth Rate Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Value
Off-plan Sales -28.7 37.6 23.9 -8.3 12 47.1 -45.2
Ready Sales 8.7 12.7 -1.2 18.7 1.2 -1 -3.4
Volume
Off-plan Sales -4.8 32.7 37.3 -6.8 22.8 -0.2 -40.9
Ready Sales -25.6 10 1.4 8 -7.8 -1 4.3
Number of Bedrooms Number of Transactions Market Average in AED/Sqf
1 Bed 84 1,099.50
2 Bed 345 1,367.70
3 Bed 1985 1,461.50
4 Bed 3228 1,548.50
5 Bed 1271 1,728.50
6 Bed 230 2,507.40

(Y-o-Y Changes in %)

Y-o-Y Growth Rate Q1 2023-24 Q2 2023-24 Q3 2023-24 Q4 2023-24 Q1 2024-25 Q2 2024-25 Q3 2024-25
Value
Off-plan Sales 24.3 127.5 46.3 11.6 75.3 87.2 -17.2
Ready Sales 15.9 16.1 5.9 43.6 33.7 17.5 14.9
Volume
Off-plan Sales -15.5 61.3 36.2 61.6 108.6 56.9 -32.4
Ready Sales 16 12.2 2.3 -10.4 11.1 -0.1 2.8

TOP RESIDENTIAL COMMUNITIES BY SALES

APARTMENTS

Top 5 Communities by sales Volume: Ready

Community Transaction Volume Market Average in AED/Sqf Q-o-Q Growth Rate of Market Average in AED/Sqf
Jumeirah Village Circle 1,532 1241.1 -1.6%
Business Bay 729 1796.7 7.0%
Dubai Marina 552 1775.4 1.5%
Downtown Dubai 502 2641.4 2.5%
International City 436 640.0 2.2%

Top 5 Communities by sales Volume: Off-Plan

Community Transaction Volume Market Average in AED/Sqf Q-o-Q Growth Rate of Market Average in AED/Sqf
Jumeirah Village Circle 3,722 1548.9 1.6
Business Bay 3,380 2712.3 7.1
Dubai Science Park (Dubiootech) 2,556 1692.8 5.0
Dubai Investment Park Second 2,439 1483.2 -1.8
Dubailand Residence Complex 1,709 1467.5 8.9

VILLAS

Top 5 Communities by sales Volume: Ready

Community Transaction Volume Market Average in AED/Sqf Q-o-Q Growth Rate of Market Average in AED/Sqf
Damac Hills 2 323 813.4 3.4
Al Furjan 166 1612.6 -7.5
Town Square 135 1314.4 6.8
Rukan 114 1187.8 -18.7
The Springs 109 2067 -0.6

Top 5 Communities by sales Volume: Off-Plan

Community Transaction Volume Market Average in AED/Sqf Q-o-Q Growth Rate of Market Average in AED/Sqf
The Wilds 776 1836.9 4.9
Damac Island City 729 1158.1 6.9
Dubai Investment Park Second 643 1795.5 -4.9
The Valley 386 1350.8 0.5
Damac Lagoons 325 1133.7 2.1

Jumeirah Village Circle (JVC) maintained its position as Dubai’s most active residential hub, leading both ready and off-plan apartment transactions, a testament to its strong value proposition, rental liquidity, and steady end-user absorption. Business Bay and Dubai Marina followed closely, benefiting from sustained demand among short-stay tenants, young professionals, and digital nomads, supported by proximity to business districts and waterfront amenities. In the villa segment, Damac Hills 2 and Al Furjan topped ready sales due to their affordability and family-oriented layouts, while The Wilds and Damac Lagoons dominated off-plan activity, driven by compelling developer incentives and lifestyle-centric master planning. Collectively, these trends highlight Dubai’s continued evolution toward community-based living environments that balance connectivity, convenience, and investment potential.

RENTAL MARKET OUTLOOK

Number of Rentals vs. Rental Value - Q-o-Q

Rental Value
Q1 2024    AED 21 Bn
Q2 2024    AED 19.5 Bn
Q3 2024    AED 23.6 Bn
Q4 2024    AED 24 Bn
Q1 2025    AED 25 Bn
Q2 2025    AED 23.7 Bn
Q3 2025    AED 27 Bn

Numbers of Rentals: Apartment vs Villa

Apartment

Apartment Number of Rentals Rental Value
New Rentals 61,913 AED 5 Bn
Renewed 88,087 AED 6 Bn
Grand Total 150,000 AED 11 Bn

Villa

Villa Number of Rentals Rental Value
New Rentals 8,211 AED 2.2 Bn
Renewed 11,030 AED 2.2 Bn
Grand Total 19,241 AED 4.4 Bn

Rental Growth: Apartment vs Villa

New Rentals Growth

Apartment Volume Value
Q-o-Q 20 % 20.8 %
Y-o-Y 3.5 % 9.8 %

New Rental Growth

Villas Volume Value
Q-o-Q 21 % 7.5 %
Y-o-Y 9.9 % 17.8 %

Dubai’s rental market maintained strong momentum in Q3 2025, recording approximately 150,000 apartment leases and 19,000 villa leases, with a total rental value of around AED 15.4 billion. New rental contracts surged by 20% quarter-on-quarter, reflecting continued inward migration and tenant reshuffling toward emerging, affordable districts. Renewals grew at a slower pace, indicating stability in established communities where residents are opting for continuity amid rising living costs.

Apartment rents outpaced villa growth, suggesting that rental yield compression observed in early 2025 is beginning to ease. The renewal-to-new lease ratio of roughly 60:40 reinforces healthy tenant retention levels and points to a more balanced, sustainable rental cycle heading into Q4 2025.

New vs Renewed Rentals – Q3 2025

“Rental Powerhouses of Q3 2025: Tracking Dubai’s Most Active Communities”

Top 10 Communities by Number of Rental Transactions and their Market Average Prices: Apartments

Ranking Community Transaction Volume Market Average in AED/Sqft
1 Jumeirah Village Circle 8,746 93.0
2 International City 6,575 55.9
3 Business Bay 5,261 112.0
4 Dubai Silicon Oasis 4,819 66.6
5 Dubai Marina 4,414 108.4
6 Discovery Gardens 3,626 81.6
7 Downtown Dubai 3,138 141.6
8 Arjan 3,008 82.1
9 Dubai Sports City 2,677 78.3
10 International City Phase 2 & 3 2,621 64.8

Top 10 Communities by Number of Rental Transactions and their Market Average Prices: Villas

Ranking Community Transaction Volume Market Average AED/Sqft
1 Mirdif 1,504 49.9
2 Damac Hills 2 1,404 50.2
3 Dubai Hills Estate 688 116.4
4 The Springs 611 89.9
5 Town Square 640 87.0
6 Villanova 558 60.1
7 Jumeirah Park 456 67.4
8 Reem Mira 465 57.1
9 Emaar South 439 65.0
10 Arabian Ranches 3 413 80.7

Top 5 Communities by Average Annual Transaction Value

Community Apartments Community Villas
Al Bararri 350,000 District One 900,000
Bluewaters Island 312,500 Palm Jumeirah 775,000
Jumeirah Heights 240,000 Jumeirah Islands 451,875
City Walk 210,054 Jumeirah Golf Estates 430,920
Dubai Harbour 183,602 The Meadows 330,000

Top 5 Communities by Highest Number of New Apartment Rentals

Top 5 Communities by Highest Number of New Villa Rentals

Prestige Meets Performance: Dubai’s Luxury Real Estate in Focus

Dubai’s ultra-luxury residential segment showcased continued strength through 2025, driven by global high-net-worth investors seeking secure wealth preservation, exclusive lifestyle appeal, and trophy assets across iconic communities such as Palm Jumeirah, Jumeirah Bay Island, District One, and Dubai Hills Estate.

Transactions exceeding AED 15 million remained resilient even with global economic headwinds, reflecting Dubai’s strategic positioning as a global safe-haven for premium real estate investment. Investor confidence was supported by limited supply in prime waterfront and golf-course communities, coupled with sustained demand from international end-users and wealth managers diversifying portfolios.

While capital values moderated slightly in Q2 2025 due to market recalibration, high-value assets maintained strong liquidity and price performance. Looking ahead, select premium launches and luxury branded offerings are set to reinforce Dubai’s market stature—powered by lifestyle appeal and asset stability.

Transactions Worth 15 Mn+ over the Quarters

Top 3 Apartment and Villa Communities (Off-Plan & Ready) with Transactions ≥ AED 15 Million
Communities Number of Transactions Market Average in AED/Sqft
Villas - Off-Plan
The Oasis 106 1971.1
Nad Al Shiba First 25 2096.4
Dubai Investment Park Second 10 1819.6
Villas - Ready
Dubai Hills Estate 20 3780.2
District One 12 3500.3
Emirates Hills 9 7502.2
Breakdown of the Transactions
Property Type Number of Transactions Transaction Value (in AED)
Sales - Off-Plan 415 AED 54 Bn
Sales - Ready 295 AED 47 Bn
Apartments 111 AED 16 Bn
Serviced Apartment 31 AED 4 Bn
Villa 479 AED 81 Bn
Villa Plot 10 AED 2 Bn
Grand Total 1010 AED 121 Bn
Communities
Communities Number of Transactions Market Average in AED/Sqft
Jumeirah Second 10 7,941.3
Palm Jumeirah 9 8,871.5
Downtown Dubai 8 6,850.3
Palm Jumeirah 9 8,287.8
DIFC 8 6,671.0
Downtown Dubai 7 8,109.3