Dubai Real Estate Sales Hit $14.79B in September, Kelt and Co Realty

Dubai, UAE – October 2, 2025: Dubai’s property market continued its record-breaking run in September 2025, with total sales hitting $14.79 billion (AED54.3 billion), up 21.2 percent year-on-year. The market recorded 20,127 sales transactions, reflecting an 11.3 percent increase compared to September 2024. The average price per sq. ft. climbed to $459.90 (AED1,689), underscoring strong demand across both residential and commercial sectors.

Market performance and long-term growth

“Dubai’s real estate market marks an unprecedented growth in September. With cutting-edge infrastructure, the surge in high-net-worth individuals and investor-friendly policies, Dubai continues to reinforce its position as a global real estate hub,” said Tara Khan, Sales Director at Kelt and Co Realty.

From January to September 2025, sales neared $136.15 billion (AED500 billion) across more than 155,000 transactions, representing a 33.7 percent increase in value and 18.5 percent in volume compared to the same period in 2024.

In total, Dubai registered $182.49 billion (AED670 billion) in real estate transactions from January to September 2025 across 200,000 deals. This marks a 23.4 percent rise in value and a 20.5 percent increase in volume compared to $147.92 billion (AED543 billion) across 165,909 transactions in the same period last year, according to Harbor Real Estate.

Top performing areas in September 2025

Kelt and Co Realty’s latest report revealed strong performances in three major communities:

• Jumeirah Village Circle (JVC): A family-oriented environment with affordability, green spaces, and steady development, JVC remains a top choice for long-term investors.
• Dubai Hills Estate: Known for upscale residences, golf courses, and premium amenities, the area continues to attract strong rental demand and capital appreciation.
• Business Bay: With its commercial and lifestyle appeal, Business Bay remains attractive to expats and professionals seeking capital growth and high rental yields.

Mortgage transactions decline

While sales surged, mortgage activity slowed. September 2025 recorded 3,787 mortgage transactions, down 9.2 percent year-on-year. The total value of mortgages reached $3.3 billion (AED12.1 billion), a 24.2 percent decline compared to September 2024.

Record luxury transactions

The influx of high-net-worth individuals continues to fuel Dubai’s luxury segment. In September 2025, Tower 1 at Jumeirah Second saw the city’s most expensive apartment sale at $22.6 million (AED83 million), while the most expensive villa transaction took place on The World Islands, fetching $54.45 million (AED200 million).

“As we move into Q4 2025 and 2026, this growth will further amplify, while offering lucrative investment opportunities for capital appreciation and rental yields. Dubai is not only a safe haven but also emerging as a global hub for the future of real estate,” Khan added.

Rental market remains strong

Dubai’s rental market also recorded strong growth in September 2025. Average apartment rents rose to $23,950 (AED88,000), while villa rents reached $51,770 (AED190,000). Commercial property rents climbed to $20,400 (AED75,000), reflecting a 10.3 percent increase compared to September 2024.

Market Forecast

Heading into the final quarter of 2025, Dubai’s property market remains on track for further expansion, supported by rising inflows of global investors, mega-projects, and strong demand across both sales and rental sectors. Investor-friendly policies, world-class infrastructure, and Dubai’s reputation for luxury living are set to sustain momentum well into 2026.