The property market in Dubai shows strong signs of growth. A report by Knight Frank states that $10.3 billion in private money is set to flow into Dubai’s homes and apartments. This indicates high confidence from investors.
The report gathered data from 387 wealthy individuals in India, Saudi Arabia, the UK, and East Asia. It shows an increasing interest among international investors in Dubai’s real estate options.
According to a survey done with YouGov, Dubai’s real estate market kept expanding in 2024. Property values and rents hit new highs whereas total sales values across all sectors exceeded $207 billion. Demand for luxury homes from wealthy buyers continues to grow.
Will McKintosh, the head of Residential for MENA at Knight Frank, said, “The strong demand from these nationalities reflects our market experience. In 2024, Saudis, Indians, and British buyers made up over half of all deals done by Knight Frank in Dubai.”
The 2025 Destination Dubai report highlights key trends. In 2024, nearly 170,000 homes sold for close to $100 billion. This momentum continued into 2025, with sales reaching AED 100 billion by early March.
Dubai was again the top market for sales of homes over $10 million for two years in a row. In 2024, 435 luxury homes sold at this price point. This matches the combined total of London and New York sales in the same period. During the first quarter of 2025, 111 homes above $10 million exchanged hands. That’s the most for any January to March period.
In 2024, Dubai’s homes gained 19.1% in value. The average price was AED 1,685 per square foot. Prices are now 13.3% higher than their 2014 high. Villas also saw strong growth, rising 19.6% over the year. The average villa sold for AED 2,088 per square foot, more than doubling since early 2020. This steady growth shows how popular standalone villas, beachfront homes, and branded residences remain. They offer buyers quick access to Dubai’s lively lifestyle.