Dubai’s high-end residential market recorded an increase in exercise within the third quarter of 2025, with 103 houses offered for greater than $10 million, marking a 24 per cent enhance in comparison with Q3 2024, in keeping with new information from international property consultancy Knight Frank.
The expansion was led by elevated demand within the luxurious phase, which registered 17 transactions priced above $25 million. This determine is greater than double the quantity recorded throughout the identical quarter in 2024.
Dubai’s luxurious dwelling gross sales surge
In whole, 357 houses within the $10 million-plus class had been offered within the first 9 months of the yr, representing a 26 per cent rise on the 282 transactions seen over the identical interval in 2024.
Transaction values rose at a sooner fee than deal volumes. Whole gross sales for the $10 million-plus phase reached greater than $2 billion in Q3 2025, reflecting a 54 per cent year-on-year enhance.
The common worth of offers additionally elevated, reaching greater than $19.4 million, which is a 23.8 per cent rise on Q3 2024.
“The truth that the expansion in whole transaction values for $10 million houses is rising sooner than the variety of offers is a stark indication of how briskly costs are rising on this unique phase of the market. Dubai’s luxurious market has cemented its standing as a secure haven for worldwide and native consumers. It seems to be set to be one other record-breaking yr for the $10 million-plus houses market, following the 435 offers registered throughout 2024,” Faisal Durrani, Associate – Head of Analysis, MENA mentioned.
The very best value recorded within the third quarter was $95.3 million for a seven-bedroom mansion in Asora Bay by Meraas, situated within the La Mer neighborhood.
“Group residing and exclusivity stay an enormous draw for high-net-worth people (HNWIs) trying to buy in Dubai. La Mer exemplifies this with its mixture of wellness-focused beachfront residing, in depth facilities and proximity to prime retail and leisure locations. Vacation spot communities like La Mer place a robust emphasis on life-style and world-class facilities, which strikes a chord with home and worldwide consumers,” Will McKintosh, Regional Associate – Head of Residential, MENA added.
Knight Frank’s Prime Index, which tracks values throughout ten key luxurious communities in Dubai, recorded a median of AED3,767 per sq. foot in Q3 2025, reflecting an 8.5 per cent enhance in comparison with Q3 2024, when values stood at AED3,475 per sq. foot.
Palm Jumeirah accounted for 34 per cent of all prime residential transactions throughout the quarter, making it essentially the most lively space. Jumeirah 2 adopted with 17 per cent of all $10 million-plus gross sales.
“Our evaluation exhibits international HNWI budgets contemplating a house buy in Dubai stand at $32 million, topping out at $45.7 million for Saudi nationals. General, 15 per cent of HNWI from Saudi, the UK, India, China, Hong Kong and Singapore are ready to spend upwards of $80 million on a house within the metropolis this yr, and there stays a transparent hole available in the market of uber-luxury housing,” Durrani concluded.