Dubai Real Estate Market Achieves AED 142.7 Billion in Sales in Record-Breaking Q1

Fatima Al Qasimi
4 Min Read

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The Dubai Real Estate Market You have continued its floating start of 2025, the Sales worth total admission 142.7 billion in Q1, the second highest quarterly figure ever.

This represented 30.3% on an annual basis in value, while the 45,485 overalls turnover transactions were also intended to 22.8% year-on-Anar increase.

A market update issued by Fäm property, revised that the Q1 results were only fractional on the quarterly sales record of AED 147.2 billion of 50,218 Transatis in Q4 2024.

The first quarter of 2025 saw a significant increases of the year on all real estate sectors, led by a jump of 193.8% in the plot sale worth AED35.5 billion of 2,926 transactions.

Data from Dxbinteract show that the Villa turnover has risen by 43.1% on an annual basis to AED41.3 billion of 8,369 deals, while the sale of apartments increased by 12.6% to AED 62.3 billion of 32,884 transactions. The commercial turnover also increased by 25.2% to AED3.6 billion of 1,212 deals.

The rising real estate values ​​in recent years were emphasized by a median price of Q1 of AED 1,563 per square meter, compared to the Q1 rates of AED 889 in 2021, AED 1.124 in 2022, AED 1.283 in 2023 and AED 1.497 last year.

“Again we see figures that explicitly underline the remarkable resilience and power Dubai’s real estate marketAs the existing growth of recent years continues, “said Firas Al Msaddi, CEO of Fäm Properties.

“This has supported Dubai’s upward trend cement position as an excellent real estate hub, so that interesting interest global investors raised a strong question from local and regional buyers.”

The Q1 property salts of Dubai have now risen over the past five years to the current level of AED 21 billion (9,800 transactions) in 2020 to AED 24.6 billion (11,600) in 2021, AED 54.6 billion (20,200) in 2022, AED 89 billion (31,100) in 2023 and AED.

The top five executive areas of Dubai in terms of volume in Q1 were:

  • Jumeirah Village Circle: 3,605 transactions with a value of 4,559 billion
  • Wadi Al Safa: 3,596 transactions with a value of AED7,642 billion
  • Business Bay: 2,782 transactions with a value of AED 7,265 billion
  • Dubai South: 2,676 transactions with a value of 8,745 billion
  • Dubai Marina: 2,583 transactions with a value of AED9,284 billion

The most expensive individual real estate that was sold in Q1 was a luxury villa on the Dubai Hills estate that yielded 140 million. The most expensive apartment sold during the quarter went 116 million on the rings 1 on Jumirah Second.

With property of AED1-2 million for 31% of sales (14,242), 26% (11,899) was lower than AED1 million, 19% (8,567) between AED2-3 million, 15% (6,837) between AED3-5 million and 9% (3,939)

In general, the first turnover of developers exceeded considerably in the minority in the secondary market-65% of more than 35% in volume therms and 61% against 39% in value.