Dubai prime residential market has delivered another strong year, with nearly 6,000 residential transactions above AED10m ($2.72m) completed by mid-November 2025.
That represents a 24.4 per cent year-on-year increase, according to Savills Middle East’s Dubai Prime Residential Market report.
The findings mark five consecutive years of growth in both transaction volumes and capital values, driven by sustained international demand, continued wealth inflows and constrained supply in established prime communities.
Luxury Dubai real estate
Savills said Dubai’s stable political environment, favourable business conditions and tax-efficient framework continue to underpin its appeal to high-net-worth individuals and global families relocating to the emirate.
Andrew Cummings, Head of Residential Agency at Savills Middle East, said: “Dubai’s prime residential market continues to demonstrate exceptional depth and resilience.
“Demand from global and regional high-net-worth buyers remains strong, supported by wealth migration, limited supply in established prime communities and the city’s continued evolution as a world-leading lifestyle and business hub.
“Looking ahead, we expect villas to remain a key focus for buyers seeking space and long-term family living, while best-in-class branded and waterfront developments continue to attract strong interest. These fundamentals position Dubai’s prime and super-prime markets well for further growth into 2026.”
Transactions above AED10m ($2.72m) have been largely driven by off-plan activity, which accounted for 73 per cent of prime transactions in 2025.
This was supported by major launches including The Oasis, Palm Jebel Ali, Eden Hills and Jumeirah Golf Estates Phase 2.
Off-plan villa sales
Off-plan villas emerged as the dominant driver, representing 51 per cent of all year-to-date transactions above AED10m ($2.72m), reflecting buyer preferences for larger homes, privacy and long-term ownership.
Rachael Kennerley, Director of Research at Savills Middle East, said: “The prime residential market in Dubai has once again recorded record-breaking transaction levels, reflecting the surge in demand in this segment.
“The off-plan market is particularly active, accounting for 73 per cent of all transactions over AED10m. Villas dominate this market segment, aligning with prime buyer preferences including privacy, indoor-outdoor living and generous space requirements.”
While properties priced between AED10m and AED20m ($2.72m–$5.45m) continue to account for the majority of prime activity, demand at the upper end of the market has strengthened further.
Transactions above AED20m ($5.45m) have grown at a similar pace, with both segments recording 24 per cent year-on-year growth, highlighting sustained appetite for super-prime homes.
Villas accounted for 70 per cent of all transactions exceeding AED10m in 2025, compared with the sub-AED10m market, where apartments dominate.
Waterfront real estate
Prime apartment demand remains focused on waterfront locations and branded residential developments, with Dubai retaining its position as the most active city globally for branded residences.
Leading villa-led prime locations in 2025 included The Oasis, Palm Jebel Ali and Palm Jumeirah, while top apartment communities were Dubai Harbour, Downtown Dubai and Palm Jumeirah.
Savills said Dubai’s position as a global wealth hub continues to support demand at the top end of the residential market.
Its Wealth Trends Report ranks Dubai as the leading global destination for high-net-worth individuals, underpinned by strengths in business environment, lifestyle, family infrastructure and security. In 2025, European buyers accounted for 58 per cent of AED10m-plus transactions completed by Savills, followed by Asian buyers at 23 per cent.
Looking ahead, Savills expects demand across Dubai’s prime and super-prime residential markets to remain resilient into 2026, supported by population growth, ongoing wealth migration and lifestyle-led purchasing decisions.
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