-- Demand for ultra-luxury homes in Dubai continues to strengthen, with properties for sale in Dubai valued at AED 15 million plus recording 1,417 transactions in the second quarter of 2025. This represents a 67% increase from the previous quarter and a 113% rise compared to the same period last year, according to new market data from PRIME by Betterhomes.
Activity in the off-plan segment reached 264 transactions, up 103% quarter-on-quarter and 48% year-on-year, reflecting sustained buyer interest in under-construction developments. However, completed properties remained the preferred option for high-end buyers, accounting for 1,153 transactions. That figure is more than four times the number of off-plan deals during the same period, marking a 60% quarterly increase and a 137% rise compared to Q2 2024.
Analysts say the shift points to a growing preference for ready homes in established locations, offering immediate handover, privacy, and certainty.
“Buyers at the top end of the market are increasingly prioritising properties that are move-in ready, particularly in well-established prime areas,” said Dean Douglas Evans, Associate Director at PRIME by Betterhomes. “The volume of secondary sales is a clear indication of that shift,” he added.
The most active areas in the secondary segment were The Oasis, Palm Jebel Ali, The Acres, Palm Jumeirah, and Mohammed Bin Rashid City (MBR City), all of which experienced strong buyer activity seeking quality homes in prestigious and well-connected neighbourhoods.
Exhibiting Exponential Growth
- Q1 2025: 851 prime‑market deals
- Q2 2025: 1,417, which is 67% quarter‑on‑quarter growth
- H1 2025 total: 2,268 deals, 87% of 2024 full‑year volume, and nearly double 2022’s full year of 1,249 units
- Annual growth trajectory: 1,249 units (2022) → 1,354 (2023) → 2,594 (2024) → 2,268 in just six months of 2025
Looking at the annual trend, the upward trajectory is notable. In 2022, there were 1,249 transactions in the AED 15 million and above segment. That number rose to 1,354 in 2023 and 2,594 in 2024. In the first half of 2025 alone, 2,268 such properties have already changed hands, 87% of 2024’s full-year total, and nearly double the volume recorded in all of 2022.
This sustained growth reinforces Dubai’s accelerating appeal to global ultra‑high‑net‑worth investors looking to buy real estate in Dubai. As with other major real estate markets, Dubai’s ultra‑prime sector is benefiting from global wealth expansion and investor preference for safe, tangible assets. While supply in many Western markets remains constrained, demand for ready, trophy-style properties is rising in cities like Dubai, London, and New York.
With demand deepening and the supply of completed luxury homes for sale in Dubai remaining relatively limited, industry observers expect the momentum to continue through the second half of the year.
Contact Info:
Name: Elsa Angelo
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Organization: Betterhomes
Address: Vision Tower - 42nd - Business Bay - Dubai - United Arab Emirates
Phone: +971600522233
Website: https://www.bhomes.com/en
Release ID: 89167028
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