Dubai Real Estate Surges in November as Sales Hit AED 64.4B

Momentum remained strong for Dubai’s real estate market in November, with capital inflows and activity levels substantially higher than the same month last year. After a slight cooling of the market in October, November’s combined primary and secondary sales reached around AED 64.4 bn, representing a 49% year-on-year increase in total transaction value. This uplift is anchored in a sharp acceleration of the primary market (105% YoY), complemented by steady growth in the secondary segment (9% YoY).

Transaction volumes mirrored this strength. Overall sales transactions were up 31% YoY, driven by a 67% rise in primary deals, while secondary transactions recorded a slight dip of 4%. The gap between value and volume growth, particularly in the primary segment, indicates higher average ticket sizes and sustained demand at the mid-to-upper end of the market.