Inside Dubai’s $13.5B July Boom: What’s Fueling the Off-Plan Market?

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The real estate sector in Dubai picked up its pace in July 2025 as the value of transactions stood at AED49.67 billion ($13.52 billion). This was a 12.09 percent increase compared with June, which amounted to a spectacular 24.8 percent growth on year.

The number reached 18,191 transactions in the month with a 16.5 percent increase month-on-month and 8.4 percent in the unit volume compared to July 2024. The findings affirm the sustainability and drive of the real estate industry in Dubai as it continues on into the second half of the year.

Mr Farooq Syed, CEO of Springfield Properties, said: Transaction numbers are maintaining a high base, with the size and rate of new project releases supporting the level. We are recording strong performance in the off-plan sector where developers are catering to customer demands with built-in masterplans and community-based designs. Today consumers are smarter and more purposeful and are demanding true value through construction quality, delivery schedules or future livability.”

This elevated maturity in buyers is causing a change in demand to move out of established prime areas to newer corridors providing a mix of affordability, connectivity and lifestyle features.

These strong July results are after a strong second quarter. Betterhomes has also reported that off-plan apartment transactions rose by 43 percent quarter on quarter, helping achieve a total Q2 sales value of AED60.15 billion ($16.4 billion) up by 37 percent year on year.

Mr Christopher Cina, Director of Sales, Betterhomes observed that the off-plan market remains one of the largest growth stories in Dubai.

Apartments led the charge, making up 80% of all off-plan residential transactions. Two-bedroom units dominated transaction values at 33%, closely followed by one-bedroom units at 30%. The average price per square foot rose to AED2,023, marking a 12.5% increase since early 2023.

Cina emphasized that buyers are now prioritizing developer reputation, construction quality, and long-term rental yield potential, especially in well-connected, master-planned communities.

With the ongoing expansion of infrastructure and the delivery of new master-planned communities, Dubai’s real estate cycle continues to be shaped by informed capital, a maturing buyer base, and unwavering confidence in the city’s long-term potential.

The residential off-plan sector in Dubai has also been recently driven by the apartment demand, where its share of the entire amount of transactions was estimated to be around 80 per cent. In this market, two bedroom was found to have the biggest share of value of 33 per cent and the one bedroom had 30 per cent. At the same time, the average ha price per square foot has increased to AED2,023, a figure that is an 12.5 per cent increase since the beginning of 2023.

Cina notes that modern purchasers in Dubai are now placing the reputation of developers, construction quality, and potential to generate long term steady yields high on their list of priorities, especially in connected master planned communities.

Moving ahead, the continued development of the infrastructure in Dubai, and the eventual supply of newfound master-planned communities, is sure to act as an anchor to the city in the real estate cycle, one that is reinforced by knowledge-based and reputedly cost-effective capital, a more sophisticated consumer base, and steady belief in the long term potential of the Gulf emirate.

Source – https://economymiddleeast.com/news/dubai-real-estate-transactions-surge-to-13-52-billion-in-july-as-off-plan-market-dominates/

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