Dubai real estate transactions hit a record Dhs66.8b last month

Dubai's real estate (realty) market witnessed Dhs66.8 billion in sales transactions across 18,700 deals last month, Property Finder's proprietary data reveals.

- Staff Reporter, Gulf Today

Property Finder, the leading property portal in the Mena region, has released its market performance highlights for May 2025, highlighting yet another month of record-breaking activity.

This historic achievement represents a staggering 44 per cent year-over-year surge in transaction value and a solid 6 per cent increase in volume, signalling robust market confidence and sustained investor appetite for Dubai properties.

The performance was driven by strong growth in ready transactions, for both primary and secondary segments.

Primary ready sales more than quadrupled compared to May 2024, reaching Dhs17.9 billion. This represented a 314 per cent increase in value across 2,400 transactions and a 145 per cent growth.

Secondary ready sales also reached a new peak, with 6,078 transactions worth Dhs24 billion, representing 8 per cent and 21 per cent year-over-year growth in volume and value, respectively, underscoring strong and sustained demand in the resale market.

Primary market continues its dominance: Overall, primary ready and off-plan sales skyrocketed, rising by 65 per cent year-over-year to reach Dhs37 billion in May 2025.

Secondary market shows resilience: Overall, the secondary sales market set a new record in May 2025, with Dhs29 billion in transaction value and 8,471 transactions, up 23 per cent and 15 per cent year-over-year, respectively.