Dubai’s Ultra-Luxury Market Soars: $51M Burj Khalifa Penthouse and Off-Plan Sales Drive 2025 Growth

Dubai’s real estate market continues its upward trajectory in 2025, propelled by record-breaking luxury listings and a surge in off-plan property sales.​

Sky-High Living: The $51 Million Burj Khalifa Penthouse

A 21,000-square-foot duplex penthouse atop the Burj Khalifa has entered the market at $51 million. Occupying the 107th and 108th floors, this shell-and-core unit offers 360-degree panoramic views of Dubai, the Arabian Gulf, and the surrounding desert. Features include a private elevator, indoor swimming pool, and 12 parking spaces. The property has garnered significant interest from international buyers, particularly from the United States.

Off-Plan Sales Surge: A 35.5% Increase in Transactions

Off-plan property transactions have seen a substantial rise, contributing to a 35.5% increase in overall property transactions in 2024. In the first quarter of 2025 alone, 24,920 off-plan units were sold, up from 20,006 in the same period the previous year . This growth is attributed to flexible payment plans, competitive pricing, and the potential for significant capital appreciation.​

Diversifying Investor Demographics

The investor base in Dubai’s real estate market is becoming increasingly diverse. Indian investors have expanded their market share from 19% to 28%, while Mexican investors, previously absent, now account for 11% of transactions. Other notable contributors include buyers from Jordan, Canada, Lebanon, Morocco, Egypt, Austria, the UK, Albania, and Italy, each holding a 6% share.

Looking Ahead

As Dubai continues to attract global investors with its strategic location, investor-friendly policies, and world-class infrastructure, the real estate market is poised for sustained growth. The combination of ultra-luxury properties and robust off-plan sales indicates a dynamic and resilient market, offering promising opportunities for investors in 2025 and beyond.​