Property Boom Sends Dubai to New Heights

TDT | Manama

Email : editor@newsofbahrain.com

Dubai’s real estate market has shattered previous records, with property sales reaching AED 326.7 billion (approximately BHD 33.3 billion) in the first half of 2025. This marks a 40 percent year-on-year surge. The second quarter alone recorded AED 184 billion (approximately BHD 18.8 billion) worth of transactions, the highest quarterly figure in the city’s real estate history.

According to fäm Properties, Q2 delivered 53,118 transactions. This surpassed the previous record of AED 147.2 billion (approximately BHD 15.0 billion) in Q4 2024 by 25 percent. The total number of deals also rose, climbing 5.39 percent above the earlier high of 50,400 set in Q3 last year.

Momentum across all segments

The market’s momentum extended across the board. Plot sales reached AED 32.2 billion (approximately BHD 3.3 billion) from 1,384 transactions, showing a 49 percent jump in volume over Q2 2024. Villas recorded 10,019 sales worth AED 66.5 billion (approximately BHD 6.8 billion), which was up 38.3 percent in volume compared to the same period last year. Apartment sales climbed to AED 81.6 billion (approximately BHD 8.3 billion), reflecting an 18.7 percent rise year-on-year and a 22.7 percent increase over Q1 2025.

The median price per square foot continued to rise, reaching AED 1,607 (approximately BHD 163.9) in Q2. This compares with AED 1,514 (approximately BHD 154.4) in Q2 2024 and AED 958 (approximately BHD 97.7) in the same quarter in 2021.

Developers drive growth

New project launches were the primary growth driver, with 66 percent of sales coming from first-time developer sales. The remaining 34 percent were from the resale market.

Among apartment developments, Binghatti Elite and Sobha Solis each recorded 712 first-sale transactions. Timez by Danube and Sobha Orbis were also among the top five performers. On the villa side, Me’Aisem Second led in value at AED 14.8 billion (approximately BHD 1.5 billion), followed by Al Yelayiss 1 with AED 6.47 billion (approximately BHD 660 million) and DIP Second with AED 10.05 billion (approximately BHD 1.03 billion).

Luxury properties also made an impact. The most expensive villa sold was priced at AED 365 million (approximately BHD 37.2 million) on Palm Jumeirah. The highest-priced apartment fetched AED 170 million (approximately BHD 17.3 million) at Peninsula Dubai Residences.

Area-wise winners

In terms of volume, Jumeirah Village Circle topped the list with 4,930 transactions, followed by Business Bay, Al Yelayiss 1, Wadi Al Safa, and Dubai South. Me’Aisem Second recorded the highest total value at AED 14.94 billion (approximately BHD 1.52 billion) from just 844 transactions.

Commenting on the data, Firas Al Msaddi, CEO of fäm Properties, said the figures reflect the consistent strength and resilience of Dubai’s real estate market and its rising global appeal.

Dubai’s property market continues to build on years of sustained growth. It is reinforcing its reputation as one of the world’s most attractive investment destinations.