Dubai $10M Home Sales Up 26% in 2025

Dubai’s ultra-luxury housing market continues its remarkable momentum. According to Knight Frank, 103 homes priced above $10 million were sold in Q3 2025 — a 24% increase over Q3 2024.

The total number of $10 million-plus sales reached 357 transactions in the first nine months, up 26% from the 282 homes sold last year.

Rising Prices and Bigger Deals

Total Q3 transaction value surpassed $2 billion, a 54% year-over-year rise. The average deal reached $19.4 million, up 23.8% compared to 2024.

Faisal Durrani, Head of Research (MENA) at Knight Frank, said the surge in total transaction value “shows how fast prices are rising in this exclusive market.” Dubai, he added, “has become a safe haven for global buyers.”

Landmark Sale Highlights Market Strength

A standout deal saw a seven-bedroom villa in Asora Bay by Meraas (La Mer) sell for $95.3 million, the highest Q3 price.

Will McKintosh, Regional Partner, said high-net-worth individuals are drawn by “community living and exclusivity,” with La Mer offering wellness-focused beachfront life and prime amenities.

Where Buyers Are Investing

Knight Frank’s Prime Index found prices averaging AED 3,767 per sq ft, up 8.5% year-on-year. Palm Jumeirah led with 34% of deals, followed by Jumeirah 2 with 17%.

Demand from Global Buyers

HNWI budgets average $32 million, peaking at $45.7 million for Saudis. Around 15% of wealthy buyers from Saudi Arabia, the UK, India, China, Hong Kong and Singapore are willing to spend over $80 million — highlighting Dubai’s growing ultra-luxury gap.

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