Dubai government revenues from total real estate sales during the first half of this year saw a significant jump of 40.6% to approximately AED 13.1 billion, or AED 2.18 billion per month, compared to approximately AED 9.32 billion (approximately AED 1.55 billion per month) during the same period in 2024. This was driven by real estate registration fees on sales and purchase transactions amounting to 4%.
Dubai government revenues from total real estate sales during 2024 grew by 30.6% to AED 20.9 billion, or AED 1.74 billion per month, compared to approximately AED 16 billion (approximately AED 1.33 million per month) in 2023. Cumulative sales revenues over four and a half years (2021-end of the first half of 2025) reached AED 66.56 billion, based on real estate registration fees on sales and purchase transactions amounting to 4% of the total property value. Sales in the emirate’s real estate sector reached AED 326.2 billion during the first six months of this year, through 98,283 transactions, representing a growth of 39.8% and 22.1% in terms of value and number.
Dubai real estate sales in 2024 exceeded AED 522 billion, AED 401.1 billion in 2023, and approximately AED 265.6 billion in 2022, while sales in 2021 reached AED 149 billion. Real estate transactions in Dubai broke their previous record, reaching more than AED 760.7 billion in 2024, resulting from 226,000 transactions. This represents a 19.8% jump compared to 2023, when they were AED 634 billion. The number of transactions also increased by 36.1%, compared to 166,400 real estate transactions, according to the Dubai Land Department.