Real estate agents said that real estate sales expectations in Dubai for next year 2025 appear very promising and optimistic, and will exceed the record levels recorded in 2024.
They reviewed to Emirates Today a group of factors indicating a prosperous year for real estate in 2025, with the possibility of recording new records that exceed expectations, including political stability and economic activity in various sectors, as well as government initiatives such as: golden visas, facilities granted to foreign investors, and projects Advanced infrastructure, such as: “Etihad Train” and “Dubai Metro”, in addition to cooperation with international brands to develop luxury projects, which adds value to the real estate market.
They stressed that the demand for real estate in Dubai is global and not limited to local demand, pointing out that Dubai remains the most attractive region for global investors, whether for residence or work, especially with the focus on sustainable projects and smart real estate that meet the needs of the future market, and the decline in interest rates.
Positive expectations
In detail, the Chairman of the Board of Directors of Al-Waleed Investment Company, Mohammed Al-Mutawa, said: “The expectations of the real estate market in Dubai for the next year 2025 are very positive, amid a state of stability and optimism, with interest rates declining.”
Al-Mutawa added: “The year 2024 achieved record numbers in real estate market sales in Dubai, and I expect to maintain the numbers we reached during it.”
For his part, CEO of Harbor Real Estate Company, Muhannad Al-Wadiya, said: “Next year’s expectations regarding real estate sector sales are good and optimistic, and this is due to several factors, including: (Dubai Real Estate Sector Strategy 2033) and (Dubai Economic Agenda D33). ), and (Dubai Urban Plan 2040), in addition to the huge budgets set, whether financial budgets to develop the country’s economy or infrastructure.”
Al-Wadiya expected that the year 2025 would witness a continued high pace of demand for the Dubai real estate market, and a preference for living and working in the emirate, pointing out that this is part of the urban plan to reach the population of 5.8 million people.
He continued: “At the same time, the Dubai government is proceeding with its plans to increase real estate transactions to one trillion dirhams, and raise the percentage of residential home ownership to reach 33% of the emirate’s population, and this is in line with its ambitious vision,” stressing that the UAE always develops plans based on studies to achieve the visions. Economic.
Global demand
For his part, CEO of Malak Real Estate Company, Tariq Ramadan, pointed out that the demand for real estate in Dubai is global, and is not limited to local demand, in addition to that it is always on the rise.
He added: “Demand is usually affected by regional and global events. However, Dubai remains the most attractive region for global investors, whether for residence or work.”
Ramadan expected that records would continue to be broken in terms of the number and value of sales, but with less growth compared to 2024. He said: “The expected increase will range between 5% and 10% compared to about 20% in the period between 2023 and 2024, due to the large demand during 2024.”
He continued: “Despite expectations of a state of calm in investments at the global level, Dubai is still attractive for investment with its innovative laws such as golden residency, and Dubai’s vision and agenda, to make the city the most attractive and happiest in the world, and the best for living. All of these initiatives will continue to attract more investors.” Therefore, we expect demand to continue and increase.”
New level
In the same context, the Chairman of the Board of Directors of “On Plan Real Estate Company”, Ahmed Al-Dawla, said: “It is expected that real estate market sales in Dubai during the year 2025 will exceed the previous year’s barrier, in addition to recording a new record level, supported by the approvals and plans for the ( Dubai Metro), major tourist attractions, golden residency policies, and facilities provided to small and medium-sized companies, specializing in new economic sectors, as well as the vision for Al Maktoum International Airport and the Dubai Exhibition Center.”
The state indicated the launch of initiatives to raise the value of real estate transactions to one trillion dirhams, in addition to the increase in population, in accordance with the urban plan.
He continued: “Dubai facilitates many procedures, whether golden residency and incentives provided for opening companies, building real estate projects, as well as expanding infrastructure facilities, and the government’s drive to increase foreign investments in the country.”
A promising year
In addition, real estate expert Asma Mowafi said: “Real estate sales expectations for 2025 look promising, with the possibility of exceeding the record numbers for 2024, which exceeded half a trillion dirhams.”
She added: “There are multiple factors that support these expectations, including the continued high demand for residential and investment real estate, as a result of population growth and the increased attraction of investors from all over the world.”
Mowafi stated that government initiatives, such as golden visas and facilities granted to foreign investors, enhance the attractiveness of the real estate market, in addition to giant projects and advanced infrastructure such as the “Etihad Train” and the “Dubai Metro.”
Mowafi stressed that cooperation with international brands to develop luxury projects adds additional value to the market, which attracts a new segment of investors looking for quality and excellence, as well as political and economic stability in the UAE, which in turn enhances investor confidence, in addition to increasing focus on sustainable projects. And smart real estate that meets future market needs.
“All of these factors point to a prosperous year for real estate in 2025, with the possibility of setting new records that exceed expectations,” Mowafi continued.
508.6 billion dirhams in sales
Real estate market sales in Dubai, from the beginning of 2024 until the third week of this December, exceeded the barrier of half a trillion dirhams (508.6 billion dirhams), and according to data from the “Dubai Rest” platform, affiliated with the Dubai Land Department, the total value of real estate transactions has exceeded Dubai, from the beginning of this year until the third week of December, about 732 billion dirhams.
Dubai real estate transactions record 2.38 billion dirhams
Real estate transactions in Dubai – at the end of yesterday’s transactions, the third transaction of this week – recorded more than 2.38 billion dirhams, including sales worth more than 1.7 billion dirhams after implementing 632 transactions.
A monitoring conducted by Emirates Today, based on indicators of the “Dubai Rest” digital platform of the Dubai Land Department, showed that “Business Bay” topped the regions in terms of real estate sales with a value of 112.4 million dirhams, resulting from the implementation of 54 transactions, followed by the “City” region. Airport” with about 44.53 million dirhams resulting from the implementation of 32 deals, then the “Dubai Marina” area with about 40.65 million dirhams. Resulted from the implementation of six transactions.
According to the data, the total value of the mortgage yesterday exceeded 403.31 million dirhams, after implementing 98 procedures, while the total value of real estate donations reached about 279.19 million dirhams after implementing 132 transactions.
The Dubai real estate market reached its peak at the end of last October 2024, recording more than 20,000 transactions with a total value of 60.5 billion dirhams ($16.47 billion).