According to an analysis by the consulting company Cushman & Wakefield Core, around 44,000 housing units are expected to be delivered in Dubai in 2025, marking the highest figure in the past five years. The completion of most of these projects is linked to the active construction phase that began after the pandemic.
Experts fr om the company note that Dubai’s residential property market is currently in a phase of active supply, and further growth in the number of new projects is also expected in the near future.
Prathyusha Gurrapu, Head of Research and Consulting at Cushman & Wakefield Core, explained that the market is gradually moving into a more balanced stage. According to her, record housing supply combined with ongoing population growth is shaping a market wh ere key success factors are location and property quality. Prestigious areas are expected to maintain their positions, while secondary locations will adapt to the new level of supply.
In 2026, an increase in housing completions is expected, with the number of delivered units possibly exceeding 69,000. Most of this supply consists of projects launched in the past three to four years and now approaching completion.
According to Cushman & Wakefield Core, despite high demand and record population growth, the market is gradually entering a cooling phase, which will contribute to slower growth in prices and rental rates.
According to Bayut, overall price growth in Dubai may also slow down as new supply starts catching up with demand. At the same time, established areas with developed infrastructure and strong demand for premium properties remain attractive.
Population growth, which has already surpassed 4 million, continues to support demand for all types of housing. This aligns with Dubai’s long-term development strategies, including the Dubai Economic Agenda D33 and the Dubai 2040 Urban Master Plan, aimed at sustainable growth and economic diversification.
Bayut CEO Haider Ali Khan noted that Dubai’s real estate market is entering a new phase of maturity and stability. Despite more moderate growth due to increasing supply and cautious investor sentiment, popular districts continue to deliver strong performance.
According to Cushman & Wakefield Core, residential property prices in Q3 2025 reached AED 1,871 per square foot, which is 13% higher than a year earlier. However, the growth rate is gradually slowing down, especially in the apartment segment. The company forecasts that with steady new supply, further price adjustments are possible. Meanwhile, areas such as Palm Jumeirah, Dubai Hills, The Springs, The Meadows, and Jumeirah Village Circle continue to show double-digit growth rates due to limited supply and high demand from end users.
At the same time, the mid-range housing segment shows signs of saturation, with annual growth remaining minimal. As the market transitions to a balanced phase, pricing will increasingly depend on factors such as location, quality, and developer reputation.
About 90% of Dubai’s population are expatriates. Positive demographic trends are supported by the growth of major infrastructure and social projects, diverse visa options, tax policy, and highly active business dynamics.
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