The Ultimate Guide to Mortgage Rates in Dubai Dubai’s real estate market just made history. In May 2025, it shattered previous records by racking up an astonishing AED 66.8 billion in property sales in a single month. This is no small feat—it’s a testament to Dubai’s enduring appeal, innovative economic policies, and the growing confidence among buyers and investors. But what exactly is fueling this record-breaking boom? And will this surge last, or are we looking at a temporary peak? Let’s take a closer look at the factors behind these eye-watering numbers and what they might mean for the future of Dubai’s real estate market. Why May 2025 Was a Blockbuster Month Off-Plan Sales Take Center Stage One of the biggest drivers of this sales explosion has been the rise in off-plan property sales. In fact, data shows that off-plan transactions made up about 72% of the total value in May alone. Buyers—both residents and overseas investors—are clearly betting on the future of Dubai. They’re confident in the city’s growth, the quality of upcoming projects, and the potential for long-term returns. Off-plan investments are attractive because they offer payment flexibility, modern amenities, and the chance to get in early on landmark developments. This surge in off-plan buying is a clear sign that investors see Dubai as a safe and promising bet, even in a fast-moving global market. A Warm Welcome to Foreign Investors Another key factor? Dubai’s decision to open the real estate market wider to foreign investors. Changes to property laws and the introduction of 100% foreign ownership for real estate firms have made it much easier for international buyers to invest. This has brought a wave of new interest—and money—into the market. Today, more international agencies and buyers are active in Dubai than ever before. From luxury beachfront