Due to a population surge, real estate transactions in Dubai hit a record AED 66.8 billion ($18.2 billion) last month, a startling 44% increase from a year earlier.
According to Property Finder, the primary ready market area, one of the main growth drivers, saw total sales quadruple to AED17.9 billion in May 2025, while the secondary ready category recorded AED24 billion in sales, signifying a 21% increase in value year over year.
The entire value of secondary sales increased 23% to AED 29 billion, setting a new record, while the value of primary ready and off-plan sales increased by 65% to AED 37 billion.
The most recent data shows a robust market sentiment and ongoing demand for real estate in Dubai. According to Property Finder, there is a high demand for houses in Dubai due to the recent large influx of new residents and tourists.
“With the remarkable growth in population this year, welcoming nearly 1,000 new residents each day – double last year’s daily visitor arrivals, demand for housing is poised to reach peak levels,” said Cherif Sleiman, Chief Revenue Officer at Property Finder.
“Against this backdrop, the real estate market is enjoying positive momentum, fuelled by digital transformation, international investor appetite and a surge in demand for premium living.”