Dubai Marina towers. The emirate’s property market, firmly on a multi-year growth path, continues to draw strong interest from both global investors and end-users.

Dubai’s real estate market posted another exceptional performance in July, achieving Dh63.6 billion in sales as strong off-plan activity, healthy demand for ready properties, and a landmark corporate tax concession boosted investor appetite.

On a sustained multi-year growth trajectory, the city’s property sector continues to draw global capital and end-user demand, reinforcing its status as one of the world’s most dynamic and resilient real estate markets.

Latest monthly data shows transaction values rising 27% year-on-year in July, with volumes up 24% compared to the same month in 2024. This strong performance follows a policy boost from the UAE Ministry of Finance, which in July introduced a Ministerial Decision permitting corporate tax deductions on investment properties valued at fair market rates. The measure aligns the UAE’s tax framework with global accounting standards, enabling investors to depreciate assets based on current valuations rather than historical costs. Analysts say the change will strengthen investor returns, enhance reporting transparency, and drive further portfolio expansion among developers, funds, and corporate property owners.

Off-plan sales remained a key growth driver, with the secondary off-plan segment surging 123% in value to Dh7.6 billion across 2,680 transactions — an 88% jump in volume. The primary ready market also recorded solid gains, posting 1,961 transactions worth Dh12.2 billion, up 66% in volume and 56% in value year-on-year. In total, the primary market achieved Dh31.9 billion in sales, a 32% annual increase, driven by high-value deals in Wadi Al Safa 3, which accounted for 16% of total transaction value, and Dubai Investment Park, contributing 9%.