Özden Çimen, CEO of Parcel Estates, stated that during the Ramadan period real estate demand for Dubai strengthens, especially from Muslim countries, and noted that campaigns offered by developers, new project opportunities, and financing advantages support sales.
As Ramadan approaches, activity in Dubai’s real estate market is expected to continue, with an increase anticipated particularly in investment demand coming from countries in the region. Özden Çimen said that sales have maintained their upward trend in the first months of the year and that this momentum will continue during Ramadan.
“We observed that housing sales across the city maintained their upward trend in the January–February period. Compared to the same period last year, the total transaction volume increased by an average of 3%. We expect the sales trend to continue throughout Ramadan. Especially during this period, it would not be surprising for us to see growing interest in Dubai from countries close to the UAE,” Çimen said.
New projects at the center of investment
Stating that investor behavior in Dubai has largely shifted toward new projects, Çimen said: “One of the most important features that distinguishes Dubai’s residential investor from other markets is that around 70% of investments are directed to new projects. Most of the total USD 249 billion in sales recorded in 2025 consisted of newly completed or under-construction projects. New opportunities and campaigns offered during Ramadan also strengthen the perception of investability.”
An increase in demand from Muslim countries is expected
Emphasizing that the majority of homebuyers in Dubai are foreign investors, Çimen noted that in more than 200,000 home sales last year, China, India, the UK, the US, Türkiye, Pakistan, Iran, and Italy were among the leading countries.
Pointing out that a partial shift in the investor profile may occur during Ramadan, Çimen added: “In this period, we expect demand to rise especially from Muslim countries. Investors from countries such as Saudi Arabia, Egypt, Türkiye, and Iran have taken a significant share of sales in previous years. Payment conveniences and new project launches offered during Ramadan may increase interest from these countries even further.”
Tax advantages and high returns are proving effective
Çimen also touched on Dubai’s structural advantages for investors, stating that the city’s tax policies and high return potential support demand, and continued:
“Dubai ranks among the most preferred cities in the global wealth migration reports published every year. In 2025, it is estimated that around 10,000 millionaires moved to the city. High-income investors from many countries, especially the US, the UK, China, Türkiye, India, and Iran, invest billions of dollars in real estate in Dubai. For a broader investor base, low-interest financing opportunities represent a major advantage. A strong rental multiplier is also among the key factors supporting investment decisions.”
Çimen stated that, with the impact of these advantages during Ramadan, more investors, especially from Muslim countries, are expected to turn to the Dubai market.
Corporate advisory services and the right timing are critical
Offering recommendations to those planning to invest during Ramadan, Çimen underlined the importance of corporate advisory services and choosing the right project, saying: “Investing in the right project and having the right exit strategy at the right time is only possible with corporate and experienced structures. Working with firms that have market experience reduces risks while optimizing returns. As Parcel Estates, we guide our investors by meticulously analyzing projects that offer the right timing and high return potential.”
Çimen added that Dubai continues to offer opportunities during Ramadan as well, thanks to its strong demand structure, international investor interest, and a steadily growing real estate market.