W Capital, a Dubai-based real estate brokerage firm, revealed that the emirate’s real estate market sales have exceeded the AED 2 trillion mark over the past five years, reflecting strong demand and improved investor confidence in the sector.
Walid Al Zarouni, Chairman of W Capital and a prominent real estate expert, explained that Dubai’s real estate market continues to witness sustainable year-on-year growth, driven by multiple supportive factors such as well-established legislation and the sector’s regulation by proactive government authorities who respond firmly and swiftly to both local and international developments, boosting investor confidence.
Al Zarouni noted that Dubai’s real estate market has followed a noticeable upward trajectory over the past five years, with total sales reaching AED 2 trillion according to data from the Dubai Land Department.
During this period, the market experienced significant leaps, as sales rose from AED 149 billion in 2021 to AED 265.5 billion in 2022, then reached AED 401 billion in 2023, continuing to grow at a high rate with AED 522.36 billion in 2024 and AED 682.6 billion in 2025.
He added that the diversity of the demand base—comprising both local and international investors—alongside continuous growth in residential, commercial, and luxury real estate sectors, directly contributed to sustained market activity.
Government incentive policies, long-term residency programs, and advanced infrastructure have further strengthened Dubai’s position as a leading global investment destination in real estate.
Al Zarouni highlighted that these record-breaking figures show that Dubai’s real estate sales have doubled over five years compared to 2021, reflecting strong and sustainable market momentum and Dubai’s advanced global standing as one of the most attractive cities for living, working, and investing.
He pointed out that the number of real estate transactions increased by more than 38% in 2025, reaching approximately 214.9 thousand deals—the highest historical rate compared to around 180.86 thousand deals recorded in 2024.
Regarding forecasts for 2026, Al Zarouni confirmed that the positive performance of Dubai’s real estate market provides confidence in achieving the goals of the Dubai Real Estate Initiative 2033, which aims to reach AED 1 trillion in annual real estate transactions. With sales exceeding AED 919 billion in 2025, this target seems increasingly achievable.
He indicated that the next phase will focus more on sustainable and smart projects, increased demand for integrated communities offering comfortable living and attractive investment returns, and expects continued balanced market performance in 2026 with foreign investment inflows, stable legal regulations, and growing actual demand for property ownership.
