Tuesday, 02 January 2024 12:17 GMT

Dubai Sees A New Property Project Launched Every 13.5 Hours


(MENAFN- Khaleej Times)

New real estate project launches in Dubai continue to surpass previous records, as the emirate saw a record 648 project launches in 2025, equivalent to a new launch every 13.5 hours, as the market continued its upward journey that started after the pandemic.

This is compared to a new project launched every 18 hours in Dubai in the first quarter of 2024, reflecting the speed and pace of the industry as developers tried to cash in on strong demand in 2025.

Recommended For You

According to Property Monitor's data, a total of 258 developers launched projects last year, representing a 40 per cent year-on-year increase from 2024 and highlighting the continued broadening of supply-side participation.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.


The new launches will bring over 167,000 units valued at approximately Dh463 billion ($126 billion) in 2025. This is compared to over 145,000 units with an aggregate value of Dh360.1 billion, an increase from 96,000 units launched in 2023 and 53,000 in 2022.

Apartments remained the backbone of new supply, accounting for 88.8 per cent of units, though villas and townhouses accounted for a growing share of total launch value, reflecting sustained demand for higher-ticket, lower-density products.

Popular areas

According to Springfield Properties, market activity remained supported by population growth and steady demand from residents and long-term investors, with transactions recorded across both new developments and established communities throughout the year.

“The increase we're seeing is not limited to pricing - it's reflected in volumes as well. When transaction value rises alongside transaction numbers, it points to sustained demand rather than a market being driven by price inflation alone. In 2025, that demand was broad-based, cutting across both off-plan and ready homes,” said Farooq Syed, CEO of Springfield Properties.

Residential activity remained concentrated in high-volume communities such as Jumeirah Village Circle, Business Bay, and Dubai South.

At the same time, prime and waterfront locations, including Palm Jumeirah, Palm Jebel Ali, Dubai Hills Estate, Dubai Creek Harbour, Dubai Maritime City, and Sobha Hartland II, generated a higher share of transaction value relative to volume, reflecting stronger pricing and continued demand for premium homes.

“Higher transaction volumes continued to come from established, mid-market communities, while prime and waterfront locations contributed a larger share of total transaction value, reflecting higher pricing in those areas,” Syed added.

As the market moves into 2026, Springfield Properties believes that transaction activity is expected to remain supported by long-term residency programmes, gradual absorption of new supply, and continued demand in established and prime locations.

MENAFN20012026000049011007ID1110626554



Khaleej Times

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search