The real estate market of Dubai has continued its buoyant start until 2025, registering total sales by AED142.7bn ($ 38.9bn) in Q1, the second highest registered quarterly figure.
This represented a leap of 30.3 percent year -on -year value, some of the 45,485 general sales transactions also meant an increase of 22.8 percent year -on -year.
An update of the market issued by Fäm Properties revealed that the results of Q1 were only fractionally low in the quarterly sales record of all time of AED147.2bn ($ 40.1bn) of 50,218 transactions in the fourth quarter of 2024.
Dubai Real Estate 2025
The first quarter of 2025 saw important year -on -year increases in all real estate sectors, led by a 193.8 percent jump in the sales of the plot worth AED35.5 billion ($ 9.7 billion) of 2,926 transactions.
Dxinteract data show that Villa sales increased by 43.1 percent year -on -year to AED41.3bn ($ 11.2bn) of 8,369 agreements, while apartments sales increased by 12.6 percent to AED62.3bn ($ 17 billion) of 32.3bn.
Commercial sales also increased by 25.2 percent to AED3.6 billion ($ 980 million) of 1,212 agreements.
The increase in the values of the properties in recent years stood out for an average price Q1 of AED1.563 ($ 426) by square feet, compared to the Q1 rates of AED889 ($ 242) in 2021, AED1,124 ($ 306) in 2022 and AED1.497 ($ 408) last year.
Firas al Msaddi, CEO of Fäm Properties, said: “Once again, see figures that empathically underline the remarkable resistance and strength of the real estate market of Dubai, as the constant growth of recent years continues.
“This upward trend supported the position of Cementos Dubai as a main real estate investment center, which attracted global investors to global investors throughout the strong demand for local and regional buyers.”
Dubai Q1 properties sales in the last five years have now increased to the current level since:
- AED21BN ($ 5.7bn): 9,800 transactions in 2020
- Aed24.6bn ($ 6.7bn): 11,600 transactions in 2021
- AED54.6bn ($ 14.1bn): 20,200 transactions in 2022
- AED89BN ($ 24.2bn): 31,100 transactions in 2023
- Aed109.5bn ($ 29.1bn): 37,000 transactions last year
Dubai’s main performance areas in terms of volume in Q1 were:
- Jumeirah Village Circle: 3,605 transactions valued in AED4.559B ($ 1.2bn)
- Wadi Al Safa: 3,596 Valued transactions AED7.642B ($ 2.1bn)
- Business Bay: 2,782 transactions valued at AED7.265B ($ 2 billion)
- Dubai South: 2,676 Valued transactions AED8,745 billion ($ 2.4 billion)
- Dubai Marina: 2,583 transactions valued at AED9.284B ($ 2.5 billion)
The most exensive individual property sold in Q1 was a luxury villa in Dubai Hills Estate obtained by AED140m ($ 38.1m).
The most exensive apartment that sold the quarter was for AED116m ($ 31.6 million) in rings 1 in Jumeirah Second.
With properties worth AED1-2M ($ 272,000-545,000) that represent 31 percent or sales (14,242), 26 percent (11,899) were below AED1M ($ 272,000), 19 percent (8,567) between AED2-3m ($ $ $ 545,000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000-000- Aed3-5m ($ 817,000-1.4m) (3,939) more than AED5m ($ 1.4m).
In general, the first sales of developers exceeded the upper setbacks in the secondary market-65 percent more than 35 percent in terms of volume and 61 percent compared to 39 % in value.
