Dubai’s real estate market continues to surge, with apartment prices rising nearly 19% so far this year, according to a new report by ValuStrat. The emirate’s appeal as a safe investment haven and its investor-friendly policies have kept global demand high, even as monthly growth has started to taper slightly.
As of June 2025, ValuStrat’s Price Index reached 220.8 points, up 1.5% from May and nearly 24% higher than the same period last year. Apartments reached an index level of 174.7, while villas climbed to 291.6. Both are benchmarked to a base of 100 points in January 2021.
The report noted a general slowdown in monthly capital growth, but many areas have now exceeded their pre-pandemic price peaks. Overall transaction volumes dipped in June, with ready home sales accounting for less than 30% of all residential activity.
Villa values saw a 1.9% rise from May and a striking 28.7% gain over the past year. The most significant increases were recorded in Jumeirah Islands (41.1%), Palm Jumeirah (40.5%), Emirates Hills, and The Meadows (both 27.5%). On average, Dubai’s freehold villas are now worth 180% more than their post-pandemic lows.
Apartments also continued their upward trend, increasing 1.1% monthly and 19.1% year-on-year. Leading the gains were The Greens (24.4%), Dubai Silicon Oasis (23.4%), and Palm Jumeirah (22.9%). Even with the lowest growth in International City (11.2%) and Business Bay (15.8%), Dubai’s apartment values remain 73% above post-COVID levels.
Off-plan sales dominated activity, comprising over 73% of transactions despite an 8% drop from May. Oqood registrations for these properties surged 60.1% annually. Meanwhile, ready home deals fell 14.3% month-on-month but remained 11% above last year’s figures.
Luxury properties also drew strong interest, with 40 ready homes sold above AED 30 million. Of these, 15 exceeded AED 50 million, located in areas such as DIFC, Palm Jumeirah, Dubai Hills Estate, and Al Barari.
Top-performing areas for off-plan sales included Jumeirah Village Circle, Dubai Investment Park Second, and Uptown Motorcity—which also recorded a monthly high in transactions. On the ready homes side, JVC, Business Bay, Dubai Marina, and Downtown Dubai saw the most activity.
