Off-plan boom and rising ownership fuel Dubai property

Dubai's real estate sector has extended its remarkable run through 2025, with new data pointing to a surge in both offplan and secondary sales as residents and international investors deepen their commitment to the city.

- Issac John [e-mail]

The latest analysis by eXp Dubai shows that transactions climbed 26 per cent in the four months from May to August compared with the first four months of the year, a sign that momentum continues to build despite the seasonal slowdown in August.

The Dubai Land Department recorded 75,519 property transactions between May and August, up sharply from 60,110 in the January-April period. While transactions dipped 4.5 per cent month-on-month between July and August due to the summer lull, analysts stress the broader trend remains upward, fuelled by both domestic demand and strong foreign capital inflows. Off-plan activity dominated, accounting for 58 per cent of transactions during the four months, versus 52.7 per cent in the earlier months of the year, underlining developers' ability to attract buyers with flexible payment plans and attractive launch pricing.