Dubai’s residential real estate market surged in July 2025, with total sales reaching AED 51.3 billion (about $14 billion), marking a 10.6% increase from June. Transaction volumes also climbed, with 18,816 deals recorded—up 20.5% month-on-month. The average price per square foot rose 3.3% to AED 1,893 ($516). Off-plan sales comprised 65% of transactions, further highlighting investor optimism and strong demand for property under development. The most sought-after villa communities included The Wilds, Grand Polo Club & Resort, and The Oasis, while apartments in Jumeirah Village Circle, Business Bay, and Damac Riverside dominated the market.
Leasing activity also saw a rise, with 39,251 rental transactions—a 3.4% uptick from the previous month. New lease agreements made up 40% of deals, up from 37% in June, signaling an influx of fresh tenants. Noteworthy rental growth was seen in Al Khail Heights (apartments: +1.5% to AED 67,500/year) and Jumeirah (villas: +4.2% to AED 498,000/year). Average annual rents stood at AED 72,000 for apartments, AED 172,000 for townhouses, and AED 255,000 for villas; Betterhomes reported slightly higher figures in its own portfolio.Arabian Business
