Dubai: 24 real estate projects worth Dh4.5b in H1 as housing demand rises

Dubai: Dubai’s property market remains one of the emirate’s key economic drivers, with 24 real estate projects worth Dh4.5 billion completed in the first half of 2025, according to the Dubai Land Department (DLD).

The figures reflect growing investor confidence and sustained demand across the sector, backed by a development pipeline of 726 ongoing projects. This construction momentum signals a steady pace of project delivery, especially for standalone homes and integrated residential communities.

In total, 90,337 new real estate units were registered in H1 2025 — underscoring developers’ responsiveness to a market that increasingly favours ready-to-move, sustainable living spaces.

Residential transactions remained robust, with 75,347 units sold at a combined value of Dh151 billion in H1. Villas continued to perform strongly, with 7,167 units sold for over Dh28 billion, highlighting a shift in buyer preferences toward private homes in master-planned communities.

Dubai’s rental market also showed consistent performance. The DLD recorded 465,738 lease contracts during H1 2025 — a marginal increase from the same period last year. Of these, 232,928 were new leases, reflecting a 7% year-on-year rise.

The total value of rental contracts reached Dh42 billion, up 5% from H1 2024. These figures align with broader government efforts to encourage residency stability and home ownership, particularly for long-term residents and families.

Dubai’s real estate performance continues to be shaped by regulatory clarity, digital innovation, and strategic initiatives under the Dubai Real Estate Strategy 2033 — a roadmap that positions the city as a global benchmark for quality of life and real estate investment.

The DLD’s commitment to transparency, inclusivity, and investor empowerment is reflected in the sector’s resilience — offering opportunities for both individuals and institutional buyers in a stable, future-ready ecosystem.