Dubai’s real estate sector saw remarkable growth in May, marking an unprecedented surge in sales and transaction values, reflecting increased investor confidence. According to a report from a publication on May 8, 2025, Dubai’s property market achieved 18,700 transactions worth around 66.8 billion dirhams (approximately $18.2 billion).

The figures indicate a 44% year-over-year increase in transaction value and a volume growth of 6%.

“Dubai just announced a $16B real estate tokenization. They’re turning luxury properties into digital shares anyone can buy. It’s the largest tokenization project in history.” — BeByDay (@BeAlterEgos) May 2, 2025

Both primary and secondary sales contributed to this growth, with primary sales increasing by an astounding 314% compared to 2024. Secondary sales also saw a rise of 21%. This surge can be linked to the push for tokenization in Dubai’s real estate sector, making investment opportunities more accessible.

Dubai’s Current Real Estate Transaction Volume

Experts view this growth as indicative of Dubai’s progression in real estate innovation. Scott Theil, the CEO of Tokinvest, stated that the city is positioning itself as a leading and captivating market for real estate.

He remarked, “Dubai is proving itself to be one of the world’s most active and attractive real estate markets. When you see over 60 billion dirhams in transactions within a single month, it’s a strong signal that the market is prepared for innovative financial models.”

Regulatory Support for Tokenization

Recent regulatory changes have coincided with the growth in Dubai’s real estate sector. On May 1, 2025, MultiBank Group, real estate giant MAG, and blockchain provider Mavryk established a partnership worth $3 billion to list MAG’s luxury properties on a regulated marketplace.

Additionally, the Dubai Land Department and the UAE Central Bank have introduced new guidelines for real-world asset tokenization, offering clarity and support for stakeholders.

This progress opens doors for individuals holding valid Emirates IDs to invest in fractional shares of properties, starting from just Dh 2000 (approximately $545).

Key Takeaways

• Dubai’s property market recorded 18,700 transactions in May with a total value of about $18.2 billion.
• Primary sales surged by 321% while secondary sales grew by 21%.
• Overall, the market showed a 44% year-over-year growth in transaction value and a 6% increase in total sales volume.