Dubai’s Property Market Shows Summer Strength, Led by Apartments

August is usually a quieter month for real estate, with the summer heat and holiday season slowing activity. This year, however, Dubai’s property market proved remarkably resilient. Sales reached around AED 51 billion during the month, representing an increase of more than eight percent compared to the same period last year. Transaction volumes were also up by about 15 percent year on year, showing strong and sustained demand.

Apartments were the clear winners, making up nearly 90 percent of all transactions by volume and over 70 percent by value. Compared to August 2024, sales of apartments grew by more than a quarter, underlining the strong appetite from both investors and end users.

Why Apartments Are Driving Growth

Several factors explain why apartments are leading the way:

• Accessibility and affordability: Apartments remain the most attainable entry point for buyers looking to live in or invest in Dubai.

• High rental yields: Leasing activity surged, with rental transactions rising by nearly 50 percent in a single month. Prime locations such as Downtown Dubai, Dubai Marina, and Business Bay are seeing particularly strong demand.

• Off-plan momentum: Off-plan transactions were a key driver of growth, offering attractive payment plans and future value to investors.

• Rising popularity of emerging areas: Communities like Business Bay, Wadi Al Safa, and Al Barsha South recorded significant activity, proving that buyers are willing to explore new growth corridors beyond the traditional hotspots.

What This Means for Development and Investment

For developers and contractors, the message is clear: the demand for well-designed apartments is only getting stronger.

• Building more mid-sized and affordable apartment projects will capture this wave of demand.

• Strategic locations near central business districts and new community hubs are key to future growth.

• Amenities and sustainable features are becoming critical for buyers and tenants when choosing a property.

• Offering a mix of ready-to-move properties and off-plan opportunities ensures developers meet the needs of both immediate users and long-term investors.

Looking Ahead

The resilience shown in August confirms that Dubai’s property market continues to outperform expectations, even during traditionally slower periods. With demand holding steady and rental yields rising, 2025 is set to remain a strong year for the sector.

At BeStrong Contracting, we see this as a call to action. While villas and townhouses remain an important part of the city’s fabric, apartments are increasingly at the heart of demand. With decades of experience in construction, BeStrong is well placed to deliver the high-quality residential projects that will meet this growing need and shape Dubai’s future communities.