
Dubai's Housing Market Booms with 300,000 New Units by 2028
Dubai's residential real estate market is still growing and stable, despite the fact that many real estate markets around the world are struggling with economic pressures and dwindling demand. By drawing in foreign investors and growing its development projects, the emirate has been able to defy global trends and open the door to a more promising future in housing. Ambitious Goals Supporting Sustainable Growth By the end of 2025, approximately 73,000 new residential units are anticipated to be delivered in Dubai, per a report by the consulting firm Cavendish Maxwell. Additionally, the emirate has set a lofty goal to add 300,000 new units by the end of 2028, which would be one of the biggest residential expansions in Dubai's history. The first quarter of this year saw 42,000 real estate transactions valued at AED 114.4 billion, representing a 23% increase year over year, despite a slight 10% decline in transaction volumes when compared to Q4 2024. 95 New Initiatives Started in the First Quarter of 2025 In the same time frame, 95 new projects were introduced in Dubai, bringing a total of 29,000 residential units to the market. 9,300 of these have been finished. Eighty percent of these residences were










