Dubai completed 24 real estate developments valued at $1.2 billion (AED 4.5 billion) in the first half of 2025, as per figures from the Dubai Land Department (DLD), reported by Emirates News Agency (WAM), reflecting ongoing dynamism in the property landscape.
Continued expansion in real estate
With 726 projects currently underway, Dubai’s property sector continues to flourish, propelled by firm investor interest and consistent demand from developers.
A record 90,337 new housing units were logged during the first six months of the year, pointing to a supply pipeline that responds swiftly to demand for sustainable, turnkey residences with integrated amenities.
Property sales also remained strong, with 75,347 units exchanging hands for a total of $41.1 billion (AED 151 billion), further confirming long-term investor trust in the city’s real estate market.
Villas saw particularly impressive demand—7,167 were sold, generating over $7.6 billion (AED 28 billion) in sales.
Meanwhile, rental activity was also buoyant. In H1 2025, a total of 465,738 lease contracts were registered, with a combined value nearing $11.4 billion (AED 42 billion)—a 5% increase year-on-year.
New buyer-friendly initiative
To support aspiring homeowners, Dubai launched the First-Time Home Buyer Program last month—a collaborative scheme from the DLD and the Department of Economy and Tourism aimed at expanding affordable homeownership.
The scheme promises benefits such as priority access to launches, discounted prices, and tailored mortgages, in alignment with Dubai Real Estate Strategy 2033, which aims to double the sector’s GDP share and increase homeownership.
Leading developers—Emaar, DAMAC, and Nakheel—are providing favourable terms for properties up to $1.4 million (AED 5 million), with participating banks like Emirates NBD, Dubai Islamic Bank, and Mashreq stepping in to offer personalised mortgage packages.
