Dubai has swiftly emerged as one of the most desirable destinations for luxury real estate worldwide. Driven by a thriving economy, pro-investor policies, and a lifestyle that fuses modern innovation with refined luxury, the city consistently draws high-net-worth individuals from around the world.
Dubai’s luxury property market stands as a clear testament to the city’s global appeal, having experienced extraordinary growth in recent years. In the first quarter of 2025 alone, more than 1,300 homes valued above AED 10 million ($2.72 million) were sold reflecting a 31% increase compared to the same period last year.
This sustained momentum marks the fourth consecutive year of rising transaction volumes and capital appreciation, driven by robust demand, sound governance, and a rising preference for premium-quality residences.
Savills Middle East’s Dubai Prime Residential 2025 report reveals a tenfold increase in transactions within the AED 10 million+ segment, rising from 469 in 2020 to 4,670 in 2024. This sharp growth underscores a significant shift in Dubai’s prime residential market, as investors are drawn not only by the promise of strong returns but also by the city’s exceptional lifestyle and enduring investment appeal.
Buyer preferences have undergone a notable transformation, with off-plan sales now representing 69% of all transactions in the AED 10 million and above category—an impressive rise from just 14% in 2020. This shift signals growing confidence in future inventory and a firm trust in the long-term vision driving Dubai’s new wave of luxury developments.
Leading villa communities such as Palm Jebel Ali, District One West, and The Acres have established themselves as standout performers in Dubai’s luxury property market. In the apartment segment, Dubai Harbour, Palm Jumeirah, and Downtown Dubai maintain their status as prime investment locations.
Jumeirah Islands has also emerged as a key indicator of the city’s luxury market expansion, with 89 homes sold above AED 10 million in 2024 alone a remarkable rise from zero transactions of this scale before 2021. This surge in demand is largely driven by premium renovations and a heightened standard of architectural design.
The Road Ahead
As Dubai strengthens its position as a global center for luxury real estate, its prime residential sector continues to set the standard for quality and security. Offering exceptional value for investors, the city stands out as a premier destination in the international property market.
One Investments remains focused on driving efforts that elevate Dubai’s status as a leading international hub. By prioritizing long-term capital growth, we help clients access distinguished properties that deliver both exceptional lifestyle experiences and lasting value.
