Dubai's real estate market continues to set new records in terms of prices and transactional activity as it steadies.

According to the latest data released by Property Monitor, the average price per square foot in Dubai has more than doubled in the past five years, reaching Dh1,683 per sqft in October 2025.

The momentum in the emirate's residential real estate market carried through October, though with noticeably softer monthly gains as prices edged up by just 0.13 per cent, easing back from the more pronounced increases seen in September and August.

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“Even with this slower pace, the market continues to climb steadily... The market's long-term upward trend remains intact, even as monthly movements become more tempered,” said the monthly report.

As Dubai moves deeper into the final quarter of the year, property market conditions continue to show signs of measured normalisation.

“Price growth has steadied, and while October marked the first month in 2025 not to set a new all-time high, transactional activity remains exceptionally elevated by historical standards. The easing in monthly gains reflects a market shifting from rapid expansion toward a more sustainable trajectory,” said Property Monitor.

Dubai is consistently witnessing new property launches as new developers and old developers see the market continuing to sustain growth.

In October 2025, Dubai's new project pipeline remained exceptionally strong, with 65 launches introducing more than 14,000 residential units valued at an estimated Dh33.5 billion.

Year-to-date, 532 projects have been launched, bringing nearly 131,504 units to market - levels that far exceed what would traditionally constitute an entire year of activity.

A total of 228 developers have launched projects so far in 2025, up from 163 during the same period in 2024, underscoring the expanding depth of supply-side participation.

Apartments continued to dominate October's launches, accounting for 99 per cent of total supply, with only 144 units introduced across the villa and townhouse segments.

“Looking ahead, the launch pipeline points to a meaningful expansion in single-family home supply, with new clusters already slated from Emaar at Grand Polo Club and The Valley, the redesigned launch of The Heights, the first phase of Damac Islands 2, and additional releases expected as Wasl advances its expansion of Jumeirah Golf Estates,” says Property Monitor analysts.

The strong transactional activity in the Dubai property market continued to scale new highs.

Year-to-date transaction volumes have reached nearly 178,000, a 17.4 per cent increase compared with the same period in 2024 and already surpassing 98 per cent of last year's full-year total. Monthly activity has remained consistently strong, averaging around 17,300 transactions over the past year, with only two months falling below the 15,000 mark.

“Should this momentum continue through December, total sales are projected to exceed 212,000 - setting a new all-time annual record and extending Dubai's record-breaking run into its third consecutive year,” It added.

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