Dubai Real Estate Market Records AED142.7 Billion In Q1 2025 Bumper Sales
In the first three months of 2025, Dubai's real estate sector showcased robust growth, with the market amassing sales that reached AED142.7 billion. This performance marks the second-highest quarterly sales figure ever recorded, only slightly trailing behind the record high of AED147.2 billion from Q4 2024. The volume of transactions also saw a significant uptick, with 45,485 sales, indicating a 22.8% increase compared to the same period last year.
This surge in activity reflects a 30.3% year-on-year increase in the total value of transactions, illustrating the market's continuing strength. The data, provided by fäm Properties, highlights the enduring appeal and resilience of Dubai's real estate landscape.
The Q1 witnessed impressive gains across all segments, with plot sales leading the charge, experiencing a staggering 193.8% jump and accumulating AED35.5 billion from 2,926 transactions.
The top five areas in terms of sales volume were Jumeirah Village Circle, Wadi Al Safa, Business Bay, Dubai South, and Dubai Marina, with transactions in these areas contributing significantly to the quarter’s success.
The upward trend in Dubai's property sector has not only been evident in plot sales but also in the residential market. Apartments and villas alike have seen substantial growth. Apartment sales ascended by 12.6%, reaching AED62.3 billion from 32,884 transactions, while villa sales soared by 43.1% to AED41.3 billion from 8,369 deals. The commercial sector too has flourished, with sales climbing by 25.2% to AED3.6 billion from 1,212 transactions.
Reflecting the market's expansion, property values have surged over recent years. The median price per square foot in Q1 2025 stood at AED1,563, showcasing a steady increase from AED889 in 2021.
Firas Al Msaddi, CEO of fäm Properties, emphasised the market's durability and growing appeal to investors worldwide. "Once again we're seeing figures which emphatically underscore the remarkable resilience and strength of Dubai's real estate market, as the consistent growth of recent years continues," he noted.
"This sustained upward trend cements Dubai's position as a prime real estate investment hub, drawing increasing interest from global investors alongside strong demand from local and regional buyers."
Over the past five years, Q1's property sales have dramatically risen from AED21 billion in 2020 to the current AED142.7 billion, showcasing the market's remarkable growth trajectory.
When it comes to high-value transactions, the most expensive properties sold in Q1 included a luxury villa at Dubai Hills Estate, fetching AED140 million, and an apartment at The Rings 1 at Jumeirah Second, which sold for AED116 million. The market also demonstrated depth, with properties ranging in value; 31% of sales were properties worth AED1-2 million, while properties over AED5 million constituted 9% of the sales.
Analysing the distribution of sales, the first transactions from developers significantly outpaced re-sales in the secondary market, both in terms of volume and value, with a split of 65% to 35% and 61% to 39%, respectively.
Sign in with Google