Dubai Real Estate Sees Record-Breaking January

Dubai's real estate market experienced a historic surge in January, achieving the highest monthly transaction value ever recorded. Total real estate transactions reached Dh107.96 billion, nearly doubling the Dh57.89 billion from the previous year, marking an 86.5% increase. The number of transactions also rose by 17.27% to 21,884. Sales activity alone hit Dh70.05 billion, a 59.13% increase, with 16,858 sales deals completed.

Mortgage activity remained strong at Dh32.04 billion across 4,160 transactions, while property gifts totaled Dh5.87 billion through 826 transactions. Leading areas by sales value included Al Rowaiyah 1 (Dh6.31 billion), Meydan 2 (Dh6.04 billion), and Al Yalayis 1 (Dh4.6 billion). Business Bay and Sheikh Mohammed bin Rashid Gardens also performed well, along with other areas exceeding Dh1.7 billion in sales.

Industry experts attribute the growth to Dubai's transformation into a long-term residential destination, attracting global buyers due to its safety, infrastructure, and economic stability. Supportive policies and major developments, especially in areas like the Dubai International Financial Centre, are driving demand, particularly for high-end and family-oriented housing.

Experts anticipate continued price increases due to limited land availability, strong demand, and the entry of international developers. The market's rapid growth, with 2025 transaction values nearing Dh917 billion, suggests a potential to surpass Dh1 trillion in annual trading value soon.