The ultra-luxury real estate market in Dubai continues to grow rapidly.
Sales of premium properties reached a historic high in the second quarter of 2025.
According to the latest data published by Bloomberg, 143 deals worth a total of $2.6 billion were concluded in Dubai's luxury real estate segment between April and June 2025. These deals involved apartments, villas, and houses valued at $10 million or more. This figure exceeds the results of the first quarter of this year by 37% and the results of the second quarter of 2024 by 63%, setting a new record for the emirate.
Growth in the ultra-luxury real estate segment is particularly notable, with 22 transactions completed for properties valued at over $25 million. Analysts note that this trend confirms sustained demand for expensive residences in Dubai from wealthy buyers worldwide.
Interestingly, in the second quarter, sales of luxury apartments surpassed sales of villas and private homes for the first time in two years. Over three months, 80 luxury apartments and 63 villas and houses were sold. This shift may indicate a change in buyer preferences toward high-end residential complexes with five-star infrastructure and panoramic views.
Additionally, according to a report by NF Group, in 2024, the United Arab Emirates (UAE) ranked first in terms of interest in foreign real estate among Russians.
The UAE surpassed popular destinations such as Hungary, France, Greece, Spain, Thailand, and Indonesia. This not only underscores Dubai's status as an investment hub but also its appeal to wealthy foreign buyers seeking security, tax advantages, and a high standard of living.
Dubai's architectural ambitions continue to surprise: in 2024, the emirate announced the construction of an ultra-thin skyscraper just 22.5 meters wide — essentially a single apartment. Described as "extremely narrow," the project has become an architectural sensation and an example of Dubai's pursuit of new forms of urban aesthetics.
Dubai's premium real estate market is strengthening its position as one of the most dynamic in the world. Every year, it attracts more investors, businesspeople, and expats who see the emirate as a safe haven for preserving and growing their capital.