The real estate of Dubai has reached 88.8bn in H1 2025, with an increase of 39%, with AGP chairman Badar Rashid AlBlooshi believing that innovation is the key to growth.
According to the statistics published by the Dubai Land Department, the real-estate market is experiencing a growth of 39 per cent in the first half of 2025, a year after year and transactions in Dubai real-estates were recorded at over AED326bn ($88.8bn).
Over 118,000 property transactions were made by 94,700 investors which were indicative of general trust in the long term economic potential of the emirate.
It is against this performance record that the Arabian Gulf Properties (AGP) Chairman Badar Rashid AlBlooshi expressed that innovation, sustainability and smart urban planning are defining a new generation of sustainable development of the real-estate industry in Dubai.
Dubai real estate H1 sales
Badar Rashid AlBlooshi, the Chairman of the Arabian Gulf Properties, stated: The city is now beyond a short-lived cycle, what we are seeing today is the institutionalisation of the real-estate market in Dubai.
The basics are more than ever with visionary governance, population growth and diversified economy. This is viewed as an opportunity at AGP to construct projects that mirror the long term dreams of Dubai which is technologically progressive, environmentally conscious and globally competitive.
The real-estate development of Dubai continues to be supported by strong economic foundations and demand by investors on various fronts.
The sale transactions of about AED114bn worth (31.1bn) were recorded in the first quarter of 2025 alone which is an annual increase of 23%.
Luxury and prime remained under strong momentum with over 1,300 homes above AED10m ($2.7m) selling in the quarter, which is an increase of 31% over a year.
The population growth is further boosting the end-user demand as Dubai has a population of more than 3.8m population, which enhances the emirate as a global investment destination.
AlBlooshi noted that this performance shows how the real-estate market of Dubai is currently being sustained by sustainable and long-term drivers and not speculative cycles.
He stated that the investor friendly atmosphere within Dubai, such as the openness of government and the powerful regulation, and the lack of property taxation, is still enjoyed by foreign purchasers and citizens.
He explained: The growth of population, high flows of tourism, and the development of infrastructure remain the basis of constant demand.
As shown in market data, the delivery of about 73,000 new residential units per city in Dubai is likely to be given in 2025, which is the time of maturity and more balanced situation.
News Source – https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-hits-89bn-in-h1-as-2025-transactions-climb-39-per-cent
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