Dubai’s Prime Property Market to Grow 3%;
331,000 New Homes Coming

Dubai’s Prime Property Market to Grow 3%;
331,000 New Homes Coming

Dubai’s Prime Property Market to Grow 3%;
331,000 New Homes Coming

Nov 24, 2025

Dubai’s prime property market is forecast to grow 3% next year, supported by sustained international wealth inflows, strong millionaire demand and a growing base of resident investors, according to Knight Frank.

Key Insights

  • 3% prime price growth expected next year

  • 1% mainstream market growth expected by end of 2026

  • Driven by millionaire inflows, post-pandemic luxury demand and resilient rental performance

  • Market operating from a position of strength, not speculation

  • Fundamentals remain solid: population growth, wealth migration, economic diversification

331,000 New Homes (2026–2030)

  • Knight Frank projects 331K new homes over the next five years

  • Forecast assumes 70% of registered projects will complete on time

  • Current delivery delays: only 46% of homes completed on schedule this year

  • Indicates a contractor capacity crunch, slowing actual handovers

  • Best-case delivery rate: 66,000 homes per year

Market Signal for Agents

Knight Frank’s outlook shows that Dubai’s prime segment remains stable and demand-driven, supported by long-term fundamentals such as population growth, wealth migration, and economic diversification. Prices are still expected to rise, and a significant supply pipeline means more inventory and more opportunities in key prime areas over the next five years.


source: Khaleej Times