Three stunning plots of land in downtown Dubai were sold for a total profit of AED715 million.
The deals, which were completed within five days last month, resulted in individual profits of AED225 million, AED290 million, and AED200 million for the respective sellers, according to DXBinteract statistics.
One of the plots, a 51,439-square-foot piece, was sold for AED400 million just 18 months after being purchased for AED175 million, representing a 129% increase.
The second property, measuring 36,345 square feet, was purchased in April 2017 for AED95 million and just sold for AED385 million, representing a 305% increase.
The third, a 71,169-square-foot site purchased in May 2021 for AED200 million, was resold for AED400 million, yielding a 100% profit.
| PLOT (SQFT) | PURCHASE PRICE | SALES PRICE | PROFIT | APPRECIATION |
| 51,439 | AED 175M | AED 400M | AED 225M | 129% |
| 36,345 | AED 95M | AED 385M | AED 290M | 305% |
| 71,169 | AED 200M | AED 400M | AED 200M | 100% |
“These transactions highlight rising land values in prime areas of the city and underline how Downtown Dubai’s unique blend of luxury residential, commercial, and leisure offerings has made it a top global destination for investors,” said Firas Al Msaddi, CEO of fäm Properties.
The newest land transactions occur during a prosperous moment for Dubai’s real estate market. In 2024, the city saw an all-time high of 180,900 property sales totaling AED522.1 billion. Investors profited approximately AED60 billion from Dubai’s resale market, with the secondary market generating AED59.7 billion in capital gains, 34% greater than in 2023 and representing a record 1,300% growth over the previous five years.
“The rapid appreciation of land is a testament to the confidence investors have in Dubai’s future,” Al Msaddi added. “The Dubai Land Department and Dubai Government established tight laws, digital transparency tools, and long-term development goals, which resulted in this outcome.
“Buyers and investors see this as a secure, transparent market and have gained trust in real estate professionals to help them capitalise on Dubai’s status as a premier investment destination. This is an exciting time for the industry, and we look forward to seeing continued momentum in the market,” he concluded.
